About

Comprised of six lawyers, the Medellín-based regional legal team at SURA Asset Management is tasked with implementing strategic projects and transactions for the company and forming synergies with legal teams from other jurisdictions to support the activities of the company across its main areas of activity, which include asset management, pension funds, mutual funds and wealth management. Over the past several years, the team has positioned itself at the center of commercial affairs within the company, providing advice on strategic issues with long-term impact on SURA Asset Management’s activities in Colombia and other jurisdictions. With the implementation of new multinational derivatives regulations, for example, the team has taken a leadership role to ensure smooth implementation of rules across Colombia, Perú, Chile and Mexico, by developing training initiatives, setting up relevant committees and liaising with counsel from foreign jurisdictions. The team has also been active in the transactional sphere recently, supporting SURA Asset Management’s 2017 issuance of bonds worth $350m and the 2017 sale of Seguros SURA and Hipotecaria Surato to Intercorp in Perú for $268m. The department is led by the highly admired and respected financial legal professional Joaquin Idoyaga.