Moris Beracha |
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| President | |||
| Celistics Holding | |||
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1010, Venezuela |
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About Moris Beracha
Born in 1960 in Caracas, Venezuela, Moris Beracha stayed in his hometown to attend the Universidad Metropolitana, where he studied business administration. As a thesis topic, he researched the potential impact of the new multinational currency in Europe, the euro, on the financial system in Venezuela. Ruth Krivoy, a former president of the Venezuela Central Bank, advised Moris Beracha during this project. Upon graduation in 1983, Moris Beracha sought employment on Wall Street in New York City, and served in the investment industry for the next decade-and-a-half.
Over the course of his career, he accepted positions with a variety of companies, including Hispanic News Press, Westfalia Investments S.A., Brown Montgomery Securities, Protinal/Proagro, Bestinvest Casa de Bolsa, Acco Manufacturing C.A., Banco Caracas C.A., Cartonera del Caribe C.A., Corporación Leibe C.A., and Inmobiliaria Yacambu C.A. For some of these companies, he sat on the Board of Directors. Moris Beracha still heads his own investment firm, Fractal Fund Management Group, which he established in 2005 with a team of financial experts formerly employed by Merrill Lynch and UBS. Moris Beracha launched his own mobile phone-distribution company for South American markets in 2007. Named Celistics Holdings Group, the operation currently maintains revenues of $1.2 billion and comprises a staff of more than 1,000 employees based in 15 countries across the globe.
Moris Beracha collaborates with his executive team to design strategic business plans that adapt the company’s services to each foreign market. The brands Celistics Holdings Group offers to its South American customers include Nokia, Alcatel, Samsung, Motorola, RIM (BlackBerry), LG, and Huawei. In 2010, Moris Beracha founded Movilway as a subsidiary of Celistics Holdings Group. Movilway’s services focus on prepaid mobile phone services and banking applications. Under the direction of its President, Moris Beracha, Movilway currently operates in Ecuador, Peru, Argentina, Colombia, Chile, Panama, and Spain, and will soon extend its banking options to customers in El Salvador, Guatemala, Mexico, and Uruguay.
Professional Experience:
Celistics Holding
President
Telecommunications
Venezuela
01/1/2007 — Current
Education:
Universidad Metropolitana
Business and Administration
VE
09/1/1978 — 07/1/1983
Interests:
fly helicopters, rappel, climbing, music, play drums and guitar


