About

Headquartered in Santiago, Itaú CorpBanca is the largest commercial bank in Chile and is owned by Itaú Unibanco, the largest Latin American bank by assets. Itaú CorpBanca operates almost 400 branches in Chile and Colombia, employing nearly 10,000 people. Cristián Toro Cañas, one of the most experienced in-house lawyers in Chile’s financial sector, joined the bank shortly after its inception, following the merger of Banco Itaú Chile and CorpBanca in 2016. Toro’s vast experience of overseeing legal teams in the financial services sector has been extremely useful, as his role currently involves streamlining processes of a now merged legal unit, ensuring smooth legal support in a period of financial difficulty for the newly formed financial institution. Prior to that, while working as the vice president at the Chilean airline company LAN, Toro made his mark by facilitating another significant M&A transaction in Chile – namely the merger between LAN Airlines and Brazil’s TAM Airlines, which created LATAM Airlines. Prior to that he led the legal department of Citibank Chile, one of the largest multinational banking institutions with a presence in the country, developing a reputation for excellence and strong leadership. Toro also has private practice experience, having worked as an international associate at Sherman & Sterling and Montt Iruarrizaga & Cia. He started his professional career as an attorney at Banco O’Higgins.