About

In 2010, Rafael Llamas moved in-house to HSBC México after having worked for almost seven years for law firms; four of which were for Jáuregui, Navarrete y Nader. Since joining the global bank, Llamas has progressed internally and is now the deputy general counsel for retail banking and wealth management and insurance, and also legal regional head for global private banking for LATAM. Llamas has developed the legal department to improve communication and give a holistic view of legal issues within the banking industry; something that is increasingly important for banks like HSBC considering the increase in global regulation in the sector. With a ‘business-oriented perspective’ and a ‘future-proofing attitude’, Llamas’ involvement with senior management allows the business to better assess current and prospective legal risks. He notes facilitating the implementation of private banking privacy policies in line with local laws and ‘making business more secure in current environment’ as some of biggest achievements.