About

Sheila La Serna Jordan joined Profuturo AFP, the Peruvian pension fund manager and subsidiary of Scotiabank, in April 2015 as head of market regulation; and following just six months in the role was appointed as chief legal and compliance officer. A firm believer in the legal team’s role as a guardian of the reputational integrity of the business, La Serna states: ‘High ethical standards are of paramount importance to in-house lawyers. In house lawyers should not only be concerned about coping with handling operational, but also reputational risk’. Besides promptly dealing with all legal and compliance issues encountered by the company, La Serna’s two year stint at Profuturo AFP is defined by a flawless transactional record. Shortly after joining the company, La Serna participated in the financing of the Lima Metro Line 2 Project, one of the major infrastructure projects in the country. ‘The deal involved the issuance of senior secured notes under Rule 144A and Regulation S for an amount of $1.15bn. Pofuturo participated in such an investment through the “Fideicomiso 2”, an infrastructure trust which is wholly funded by three pension funds including Profuturo AFP’, she says. In addition to her involvement with the investment desk of Profuturo´s pension funds, La Serna contributed to her company receiving an award recently for Sound Corporate Governance practices by the Lima Stock Exchange. In 2017, La Serna received substantial praise for her contribution to a $1.4m arbitration case victory.