Alvaro Saieh Bendeck — originally of Palestinian ancestry — is one of the most powerful financiers in Chile. He is first vice chairman of private banking institution Corpbanca, as well as being CEO for media firm Copesa, and president of Corp Group. Saieh also owns the Grand Hyatt Santiago, the Four Seasons Buenos Aires and the Four Seasons Carmelo. More recently, he has branched out into retail via the purchase of Unimarc, which has a growing share in the competitive Chilean market.