| Experience
Mr. Sangalli's principal expertise is in Banking Law. He has worked in top-level banking institutions, and has been a member of several consultative committees. From 1981 to 1984, he worked at Banco de la Nación (The Nation's Bank), and while acting as a Manager, he held the positions of Secretary General and Secretary of the Board of Directors from May to September 1984. During this period, he was responsible for the Office of the Chairman of the Board of Directors and the General Manager's Office.
He was a member of the committee in charge of preparing the draft Organic Law of such institution, which was approved by Legislative Decree N°199, in 1981. He also served as chief advisor on matters related to the bankruptcy of the so-called Banco Ambrosiano of Italy, from 1982 to 1984.
He was appointed to the committee in charge of drafting the Coercive Powers Law, which was approved by the Council of Ministers prior to being submitted for consideration to the Congress of the Republic in 1981.
Mr. Sangalli has also held prominent positions, in the following capacities:
Member of the Committee formed by members of Banco Central de Reserva del Perú (Central Bank of Peru), the Lima Stock Exchange, Stock Brokerage Firms and Banco de la Nación for the proposal of regulations tending towards a greater development of the stock market in 1983.
Legal counsel to Banco Exterior de los Andes y de España (EXTEBANDES), currently Standard Chartered Bank, a multinational banking entity, from 1984 to 1989.
Member of the Consultative Committee on Banking Law at the Lima Bar Association since 1987.
Vice-president of the Banking Law Committee of the Peruvian Association of Private Banks from 1988 to 1989.
Alternate representative for Peru before the Committee of Expert Lawyers in Banking Law at Federación Latinoamericana de Bancos [Latin American Bank Federation] (FELABAN).
Legal manager of Monterrey S.A. , a privately-owned chain of self-service and department stores, from 1990 to 1992, being responsible for the legal supervision of such company and its subsidiaries nationwide.
Central manager responsible for the Legal Division of Banco Wiese Ltdo. , which then became Banco Wiese Sudameris (April 1992 - March 2000).
Director of Wiese Sociedad Agente de Bolsa from March 1995 to April 1997.
Chairman of the Banking Law Committee of the Peruvian Association of Private Banks from 1994 to 1997.
Collaborator in the preparation of the Preliminary Draft of the General Law of the Financial and Insurance Systems in Lima, Peru, during 1996.
Mr. Sangalli has had primary responsibility for the representation of clients in several financing transactions involving the stock market, and mergers and acquisitions. His recent matters include:
Representation of Peru OEH S.A. , in a loan transaction for US$10 million granted by the International Finance Corporation (2001).
Representation of AT&T Latinoamerica , in the secured financing granted by suppliers for US$ 298 million aimed at the acquisition of equipment for its Latin American subsidiaries (2002).
Representation in the sale of the general insurance portfolio of Wiese Aetna Compañía de Seguros to Rímac Internacional Compañía de Seguros y Reaseguros (2002).
As legal counsel in the merger of Wiese Aetna Compañía de Seguros and Wiese Aetna Seguros de Vida , currently In Vita Seguros de Vida (2002).
Representation of Electroandes in the Corporate Bond Issuance Program by public offering up to for 100 million (2003).
As legal counsel to Grupo Sindicato Pesquero del Perú (Fishing Union Group of Peru) in the amendments to the terms and conditions agreed in 2003 and 2004 under the guarantee agreement executed with the bank union, related to its second issuance of corporate bonds.
Representation of Graña & Montero S.A.A. in the public offer for the exchange of its stock for corporate bonds for US$ 10 million (2004).
As legal counsel to Creditex regarding the issuance of commercial papers in a public offering (2004).
Representation of Centura SAB - Internacional de Títulos Sociedad Titulizadora , acting as legal counsel to the financial advisor in the securitization trust and issuance of structured bonds placed for US$ 10 million, for the funds managed by the pension fund administrators (2005).
Memberships
Lima Bar Association.
Languages
Spanish, English and Italian. |