About

Chief legal and compliance officer Gustavo Sáchica leads a team of 13 lawyers that provide the highest quality of legal services to Allianz Colombia, the local subsidiary of the global insurance giant. The department is divided into three sectors, namely, corporate secretarial managed by Tatiana Gaona, litigation and regulatory affairs managed by Andrés Alonso and compliance which is managed by Pedro Carrillo. Sáchica joined the company in 2018 and has since led the development of new systems, structures and overseen the team’s latest achievements including the implementation of a new management structure within the team. Sáchica highlights that, ‘the structure was [previously] segmented in terms of management but combined different areas of practice and tasks, making it difficult to articulate and find the correct channel to foresee the internal client’s needs and communication. With the new structure we have been able to build three cohesive teams each with four attorneys. In each team we have created the figure of “legal and compliance business partner” that is the touch point of every vice presidency of the company and acts as the ambassador of the department to foresee all the legal and compliance matters of that specific internal client’. In terms of litigation, over the past six months the team has created efficiencies of more than a billion pesos by establishing strategies and finding ways to optimise the proceedings process and by creating agreements and lawyer’s policies and periodic reviews. The team has also created a legal and compliance school for non-lawyers that allows the team to create an academic monthly slot in the company’s agenda, to discuss and lecture over relevant matters of common interest. Also, it has created a monthly legal and compliance newsletter for non-lawyers for the whole company that includes a variety of topics in plain language, all related to legal and compliance matters that are of common interest in the company and generate active participation of the readers, suggesting new topics and asking questions in regard to the new legal issues that circulate in the newsletter.