General counsel | Scotiabank Peru
Francisco Rivadeneira Gastañeta
General counsel | Scotiabank Peru
Canadian bank Scotiabank offers a range of services in Peru, including retail banking services including savings accounts, debit cards and loans as well as business banking products such as purchase financing, leasing, insurance and financial advice. Francisco Rivadeneira Gastañeta is the current vice president – general counsel, compliance and corporate secretary of the company, and is one of Peru’s foremost in-house legal experts in the banking and financial services sector. Leading a team of professionals distributed across five specialised units (for a total of approximately 70 persons) and with a track record of providing business-centric counsel to his colleagues, he is in constant dialogue with important businesspeople including the board of directors and the general management of all areas of the bank. Some of the main issues Rivadeneira deals with include the management and supervision of proceedings brought to defend the bank’s interests or achieve a better debt recovery. He has also been influential in many important deals on behalf of the bank, overseeing the legal aspects of the merger between Banco Wiese Sudameris and Banco Sudamericano. Rivadeneira was also a key figure in the notable acquisition processes of Banco del Trabajo and pension management fund Profuturo, as well as in their integration to Scotia Group in Peru.