Peru." He's already made extraordinary progress. Interbank is arguably the most influential company in an economy that's now booming at a pace that's convinced Peru's brightest minds to turn down jobs in New York and London andSilicon Valley and build their careers at home.
In 1995 when Carlos Rodriguez Pastor return from Peru, returned to Peru from the United States to take a hard look at his own family business a financial services company known as Interbank . He saw his companies and his country's weaknesses with great clarity. But everywhere he looked he also saw the potential for greatness.
Everything from grocery stores to insurance to schools that delivers excellence to the country's emerging middle class. The Interbank Group's $8 billion portfolio takes his inspiration from global service leaders. And its exceptional performance is fueled by an unflinching look at the gaps between its own companies and the world's best.
Maybe they'd seen a headline or two. And the London Interbank Offered Rate, which was being manipulated among a group of banks. I think it includes Citigroup and Barclays and HSBC, Bank of America, maybe Deutsche Bank also.
He saw opportunities to create unprecedented prosperity in a nation still fighting its way out of entrenched poverty and economic turmoil. Rodriguez bet on the future of both Interbank and Peru by building a services empire. Everything from grocery stores to insurance to schools that delivers excellence to the country's emerging middle class.
So these are Green, these are Yellow, and these are Red. And he brought 11 people from Interbank .
So these are Green, these are Yellow, and these are Red. And when he went back to Interbank he used this in most of his organizations.
So these are Green, these are Yellow, and these are Red. And so when Carlos and Interbank are giving you extended hours they're optimizing to be best in class at that.
And its exceptional performance is fueled by an unflinching look at the gaps between its own companies and the world's best. The result, Interbank is now generated wealth for more than 30,000 employees who are in turn nurturing the wealth of a nation. The way Rodriguez tells it.
So even if there's a data center that experiences some big disaster, they'll still know how much money is in your account. But this begs the question, what about interbank transfers? So suppose now that somebody over here in China wants to send me $150 in California.
So these are Green, these are Yellow, and these are Red. And when I went there, I would constantly go to Interbank to do my currency exchanges because they were always open so late.
to be the first wave of IBMers to go to China in the mid 90s. And I will still say my biggest accomplishment was actually helping the Chinese government build the China payment system, which is the Federal Reserve equivalent of Interbank Clearing System. So we're talking about big system handling at the beginning of the check processing and then what we call the payment infrastructure.
So these are Green, these are Yellow, and these are Red. And it's interesting, I kind of gave a little squeal when you mentioned that you talked to somebody that worked at Interbank or kind of the president of Interbank .