About

With operations across Central America, Nicaragua-based Banco de América Central (BAC) is one of the region’s major financial institutions. Legal manager Claudia Prado is recognised for her ‘wide-ranging knowledge of the financial sector and skill at handling regulatory affairs’. In her five years with the bank she has ‘made a number of significant moves to improve the way legal interacts with the business’, and has ‘made an effective legal team that excels in all areas’. She is responsible for appointing and managing external counsel and has moved to create a panel of trusted firms, lowering the bank’s legal expenditure significantly. Prior to this five year tenure at BAC, she stood as corporate counsel for insurance company Grupo Pellas.