About

Joaquín Idoyaga Larrañaga joined SURA Asset Management in 2013 as chief legal, compliance and risk officer in Uruguay after working in independent law firms for seven years. In 2016, he was promoted to his current position of regional vice president of legal and compliance and relocated to Colombia. Idoyaga is responsible for six countries and more than 70 lawyers focusing on the supervision of pension funds, capital markets regulation, corporate governance and M&A across the entire Latin American region. He has managed five M&A’s, the new issuance of an international bond and has transformed the application of international regulation standards including VM, Dodd-Frank, EMIR, SOX standards and others. Another innovation he has implemented is a mandatory online course in compliance and corporate governance to all SURA’s employees, over 8,600 people, and is currently introducing software, named “Gobertia”, to manage all corporate secretaries of all six boards of directors. Idoyaga was crucial in the supervision of the issuance of US$350m in international bonds, the sale of an insurance company in Peru worth US$275m to Intercorp, the sale of an insurance company to Suramericana (part of Grupo SURA) in Mexico worth US$20m and the sale of an annuities business in Chile to BICE Corp worth US$232m. He has a wealth of experience to add to SURA’s leading position in Latin American’s financial market, and has given back to the legal community by previously teaching at the Universidad de la República and Universidad Católica del Uruguay, ISEDE in Montevideo, Uruguay.