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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, Moris Beracha collaborates with his executive team to design strategic business plans that adapt the company’s services to each foreign market.

Moris Beracha founded Movilway as a subsidiary of Celistics Holdings Group. Movilway’s services focus on prepaid mobile phone services and banking applications. Now, Moris Beracha is the president of the Moris Beracha Group, a enterprise holding that he founded in 2012.

Human beings may only discover themselves by overcoming the obstacles they find along their path… Moris Beracha

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