General counsel | Importadora y Exportadora Monterrey
Jhessmy Camacho Zabala
General counsel | Importadora y Exportadora Monterrey
How do you approach managing legal aspects during periods of instability or crises, and
how does your legal strategy align with the broader business strategy to ensure the
organisation’s resilience?
Currently, my country is experiencing a severe currency crisis, which also affects other sectors. As the legal function, I consider it essential to take an active role in company operations, not merely as a filter for risks. My work focuses on both prevention and flexibility: identifying critical scenarios, designing contingency plans, and maintaining clear communication with the full board.
Today, I align the legal strategy with the business strategy, seeking solutions that ensure operational continuity and protect the company’s assets while complying with current regulations. My motto is: resilience is not achieved by avoiding risks, but by managing them with transparency and creativity, so that the company can adapt and emerge stronger.
What are the main cases or transactions that you have been involved in recently?
Within the same context of the country’s ongoing crisis, I have worked on developing guidelines to help the company maintain stability, continuity and credibility in the market. This has involved reviewing existing contracts and agreements, modifying policies and procedures to adapt to the new economic, political and social reality, all within the legal framework, in order to minimise financial risks and preserve the viability of the business.
By implementing internal policies focused on efficiency and making informed decisions in uncertain scenarios, I have been able to advise the Board in a timely manner and provide legal tools to anticipate contingencies. I would like to highlight the resolution of disputes arising from contractual breaches caused by the crisis, in which I prioritised conciliation and arbitration. This approach allowed the company to maintain relationships with key partners, minimise negative impacts, and project confidence in the market, even in times of adversity.
What measures has your company taken to embed sustainability practices into its core
business operations, and how does the role of the general counsel contribute to driving and
ensuring sustainable practices within the company?
I consider sustainability and social responsibility to have become strategic priorities. To support this, I proposed contractual clauses with environmental and social obligations for our suppliers and promoted compliance programmes that integrate not only current regulations but also principles of prevention, ethics and transparency.
In this way, as the legal department, I ensure that social responsibility policies are legally supported and effectively implemented, generating trust with clients, the state and our community. Beyond ensuring compliance with the law, this positions the company as a committed actor in the country’s development.
What do you see as the major legal challenges for businesses in Bolivia over the next five years, and how are you preparing to address them??
The most important challenge will be supporting organisations in navigating the currency crisis, which has directly affected the availability of foreign exchange and the stability of import operations. This scenario will require creativity and modern approaches in contractual structuring and the design of legal mechanisms that reduce financial exposure and ensure project continuity.
Another significant challenge will be adapting to a new regulatory framework expected to emerge with changes in public administration and politics, which will demand analytical skills, swift action and alignment with new rules.
Finally, the current lack of regulatory stability will continue to be a critical factor for overall business development. For this reason, I am focused on strengthening the legal team in areas such as financial law, risk management and regulatory updates, so we can anticipate changes and provide robust solutions, giving the Board confidence that the necessary measures are being taken to support their functions and enable informed decision-making.