Early Life
Sasson Dayan was born on April 1, 1940, in Lebanon to a Jewish family. His early life was marked by a close-knit family environment, where he developed a strong sense of community and a passion for finance. He started his career in the family's bank.
Rise to Success
In the 1950s, Dayan immigrated to Brazil, where he would establish a significant presence in the banking sector. In 1958, he co-founded the stock brokerage Daycoval DTVM Ltda with his brother, Ibrahim Dayan. This venture laid the foundation for their future success in the financial industry. In 1970, Sasson founded Valco Corretora de Valores Ltda, further expanding his business portfolio. His most significant milestone came in 1989 when he received government approval to convert Daycoval DTVM Ltda into Banco Daycoval. This transformation allowed the company to specialize in lending to medium-sized companies, catering to a previously underserved market.
Key Business Strategies
Sasson Dayan's key business strategy revolved around identifying and serving a niche market. Banco Daycoval focused on providing loans to medium-sized companies, which allowed the bank to establish a strong presence in the Brazilian financial landscape. His leadership has been crucial in navigating the economic challenges and market volatility in Brazil.
Philanthropy
The Dayan family has shown commitment to philanthropy. The Dayan family dedicated Hadassah's new Immunotherapy Cancer Laboratory, showcasing their support for medical advancements and research.