Cencosud – GC Powerlist
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Chile Teams 2018

Consumer products

Cencosud

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Chile Teams 2018

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Cencosud

Chilean based retailer Cencosud is the third largest listed retail company in Latin America with more than 1,000 stores across the region. It is a multi-format retail with presence in...

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Sebastian Rivera’s legal team at the largest Chilean retailer Cencosud has been praised by nominators in this year’s research process for its ‘ability to handle complex legal deals, while maintaining a commitment to excellence in its legal service provided within the consumer goods industry’. Such a combination of competencies is absolutely essential for a company that requires a solid operational foundation to support its rapidly expanding activities on a national level. This, coupled with impending legal and regulatory changes, has required Cencosud’s legal team to rethink and give further strength to its already well organised internal structure. In addition to appointing a new legal assistant manager and two new chief attorneys in the last two years, Rivera’s unit has worked on a new management tool for the company’s contracts, which in his view ‘will allow a safe and continuous follow-up to the terms of validity of the different contracts, their most important conditions, and allow timely compliance with the different obligations that have been established in them’. Likewise, from 2018 the team has adopted a new, complete and efficient technological tool for the management and administration of lawsuits of the company. According to Rivera the tool will allow his team to provide ‘internal judicial services in a timely and safe manner, also making internal processes related to the management more efficient of judgments’. On the transactional side, last year, the team has impressed with its support in the placement of bonds and credits of the company, whilst also making waves with its work on corporate restructuring projects and important judicial processes the company had to face. Considering the significant importance of such project work to Cencosud’s regional strategy, the team’s speed and efficiency have been of paramount importance in these examples. Featured in the 2017 GC Powerlist: Chile, Sebastian Rivera Martinez has been the target of wide praise from professionals working both in-house and private practice during his nearly fifteen-year career at the company. But it is not just the team’s leader that has captured the attention of nominators in this year’s research. Maria Ines Buzada, Ricardo Gonzalez, Macarena Riquelme and Alejandra Pena have all been singled out individually for contributions to internal innovations and important project work.

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