| Philips Argentina
General counsel and compliance officer
Philips is a leading technology company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips generated sales of €18.1bn in 2018 and employs approximately 77,000 employees, providing services in more than 100 countries. Based in Argentina, Belisario Toranzo is the general counsel and compliance officer at Philips covering the South Latin America cluster, providing strategic general advice and overseeing all legal matters for Philips’ three main business sectors, healthcare, lighting and consumer products, including risk analysis and mitigation actions. He is also responsible for all corporate governance and secretarial matters. Specifically, his work covers corporate and commercial law, M&A and divestitures, litigation management, advertisement and marketing law, ethics and compliance, labour and employment law, and finance and tax related agreements. As compliance officer, Toranzo is responsible for ensuring the corporation is compliant with its general business principles (ethics, anti-corruption, anti-trust) by conducting trainings and internal investigations. Toranzo joined Philips in 2009 as legal counsel and was appointed to his current role in 2012. Previously he had spent more than seven years in private practice.