About

‘Trained to remain dynamic and flexible when facing complex legal challenges,’ Scotiabank Chile’s legal department is named by nominators as a vital contributor to the bank’s recent growth and development in the country. Boosted by growth in consumer loans and commissions across the financial services industry in Chile, the bank has recently bolstered its position in the Chilean market, last year nearly doubling its share of the market to 14%, thanks, in large, to its acquisition of a major stake in BBVA Chile. Scotiabank’s legal team is said to have been a major contributor to this transaction, working in synergy with the wider company and external advisors to achieve the best possible outcome for the business. Rafael Bilbao, the team’s leader since October 2014, who is said to be ‘an accessible and a creative problem solver‘ and ‘one of the most hard-working general counsels in the financial industry’, receives mentions for his contributions to this and other corporate deals recently completed by Scotiabank. In addition to Bilbao, the team features a full assortment of highly competent in-house lawyers, such as corporate compliance manager Cristián Fernández Terán, treasury and capital markets legal manger Evelyn Ross Hahn and large business legal manager Paz Lamas.