About

‘Dealing with a very political and volatile Latin America, where protectionism and exchange-rate fluctuation can create complex legal disputes that are expensive for the companies that operate here is a great challenge’, observes Camilo Wittica, Electrolux’s general counsel for the region. He has considerable international experience, having worked in both the US and China for a number of years while legal counsel at TRW Automotive (where he also participated in the company’s 2004 IPO). As a result, he has extensive experience in the establishment of joint ventures and in transactional work, such as the $600m acquisition of the publicly-traded Chilean company, CTI in 2011, which involved two simultaneous tender offers. In his post for approaching six years, and managing a team of nine lawyers (plus specialists in insurance and government relations), ‘no day is like any other and the diversity and different sets of challenges are both rewarding and enjoyable’, He notes too that there is always more to learn, particularly when it comes to dealing with regulators: ‘we’ve learned to present authorities and competitors with solutions that are satisfactory and yet mitigate expense for implementation and execution’.