About

Founded in 1981 with the launch of Chile’s modern private pension system, ProVida functions as the manager of pension funds in the country. Andres Veszpremy Schilling has been in charge of the legal department of the organisation for over 10 years and currently provides advice on all general corporate, social security and insurance law matters, as well as M&A transactions. Drawing on his vast expertise in the Chilean pensions and insurance sector, Veszpremy is known for overseeing the sale of 64.3% of ProVida’s interest to US insurer MetLife from BBVA for $1.54bn in one of the largest transactions in the sector. Previously, Veszpremy worked in private practice at the law firms Morales, Noguera, Valdivieso & Besa and Carlos Poblete & Company, specialising in labour law, corporate finance and insurance and in-house at AIG Chile. Veszpremy started his career as an in-house lawyer in the public sector, working for the Chilean Internal Revenue Service, Ministry of Planning and Latin American Institute in Washington DC. Veszpremy is widely viewed as one of the brightest financial sector lawyers in Chile and is widely praised for his expertise in corporate law, governance and the execution of financial transactions. External nominators describe Veszpremy as ‘a very competent in house counsel who manages a broad range of issues’. A source says: ‘He has the ability to negotiate and obtain consensus even in an adverse environment’.