Bernardo Larrain Matte studied Business Administration at the Pontificia Universidad Católica de Chile. He was appointed Director of CMPC on May 7, 2021. He is also the Vice Chairman of the Board of Colbun and Director of Forestal O'Higgins, Minera Valparaiso S.A., Forestal, Constructora y Comercial del Pacífico Sur, Pasur. He was also a member of the Board of ICARE and, for the last four years, led the Sociedad de Fomento Fabril (Sofofa).
Skills and Qualifications
Industry Experience
Member of CMPC's Board of Directors since May 2021. He was the director of CMPC Tissue Products subsidiary, named Softys today, for about 5 years in the 2000’s, as well as its subsidiaries Celulosa and Forestal. He was the CEO between 2005 and 2011 and Chairman of the Board between 2011 and 2017 of Colbun S.A., an electric generation company that is a supplier to CMPC, and is now Vice Chairman of the Board. He was also director of the port and logistics company Puertos y Logistica S.A. (PULOGSA), until 2019. PULOGSA port operation in the south of Chile mainly serves the Paper, Pulp and Forest Products industry and CMPC is an important client. CMPC, Colbun and PULOGSA (until its sale) have the same controlling shareholders. Between 2017 and 2021 he was president of SOFOFA, a business organization in Chile whose partners are main Chilean companies, including the two companies in the Chilean Paper, Pulp and Forest Products industry: CMPC and Arauco.
Risk Management Experience
As General Manager and President of Colbun S.A. he implemented the risk management model and was a member of the Risk Committee for approximately 7 years, since its creation.
IT and Cybersecurity Experience
Cybersecurity has been a recurring theme in recent years in all the boards in which he participates (as director, president or vice president) and all companies have adopted prevention and mitigation models. This has been especially relevant in the Colbun electric company, since the national electricity system is an interconnected system, therefore cybersecurity risks in a facility (generation plant, line or substation) can turn into risks for the entire system.