About

Part of the Matte Group, BICECORP was founded in 1978 and is now widely considered as one of the most important financial holding companies in Chile. Having developed its business in various capital markets areas, it provides various financial products and services in Chile, through its subsidiaries. Raúl Patricio Fuentes Mechasqui’s association with the company dates back to its incorporation and since 1979 he has been legal adviser to both BICECORP and its ever-growing list of subsidiaries – which includes the retail bank, Banco BICE. In his role and as a result of his nearly 40 years of service, Fuentes Mechasqui enjoys a close working relationship with senior management and reports to the board of directors. One of his many recent achievements includes negotiating and concluding a number of significant deals to help the company realise its strategic ambitions. For instance in 2013 he helped achieve a $75m loan for Banco BICE from the International Finance Corporation (IFC), which was used to fund long-term renewable energy projects. In 2017 Fuentes Mechasqui went further by concluding a deal with the China Development Bank for a $150m loan to finance small and medium-sized investment projects in Argentina. Outside of BICECORP, he was a member of the first board of the Legal Committee of the Association of Banks and Financial Institutions, as well as a professor of commercial law at the University of Chile, his alma mater.