About

Consisting of nine individuals, including group head for legal and compliance Chahdan Jebeyli who covers all Group Audi entities, the Bank Audi legal team supported the company in the development and deployment new technological concepts for its customers. These have included its mobile banking application “Novo” and a humanoid AI robot “Novot”. On these projects, group legal manager Nathalie Eid reports that the legal function ‘was able, in the absence of electronic signature laws, to find creative solutions to enable the bank to launch the above services while contractually mitigating legal risks’. Alongside this, the team has had success supporting a number of other projects. ‘To name only a few’, she says, ‘the recent carve-out of the card and electronic payment business of Bank Audi SAL, which necessitated over nine months of continuous work in order to complete; The core banking transformation project across various entities of the Group which implied the intervention of the group legal to cover all the countries where such IT re-architecture took place; and the key role the group legal department has taken in advising on strategic investment and financing, that in many cases involved prestigious organisations such as IFC, EIB and EBRD’. In a highly qualified team, group legal managers Peggy Baz and Marie-Michele Jalkh were mentioned alongside Jebeyli and Eid as having had a key role in the team’s success.