Legal vice president | Banvivienda
Belisario Castillo
Legal vice president | Banvivienda
Vice president of legal | Banco Panameño de la Vivienda
Esteemed in-house counsel Belisario Castillo Sáenz has gained much attention for the changes he has implemented at Banco Panameño de la Vivienda (Banvivienda), a well-established Panamanian bank offering personal, private,...
Described by his co-workers as both a ‘loyal and innovative employee’ and an ‘inspiring person to work with’, Belisario Castillo runs the legal department of Banvivienda, a Panamanian bank with more than 30 years of presence in personal, private, commercial and agricultural banking. Having served as the vice president of legal since 2013, Castillo has developed the legal function into a highly organised unit capable of balancing the commercial needs of the business with legal risks and has been able to consistently impress peers with his balanced and disciplined approach to management. Through the continuous and efficient analysis and review of agreements issued by the banking regulator and the review and analysis of principles, agreements or ordinances issued by intergovernmental institutions, Castillo’s team is able to keep up with international legal regulations while maintaining its business in line with local laws and corporate guidelines. In addition, Castillo has achieved standardisation of legal processes within a wide network of the bank’s subsidiaries and affiliates. Castillo’s previous role of vice president of legal and compliance with the Panamanian bank Unibank, allowed him to demonstrate his ability to efficiently liaise with contractors and external legal advice, as well as his capability to understand the needs of the business. Prior to that Castillo worked for five years as a secretary to the board of directors and executive director of the legal department at Banco Nacional de Panama.