Jorge Mario Colindres Sandoval – GC Powerlist
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Central America 2018

Energy and utilities

Jorge Mario Colindres Sandoval

Legal manager | Energuate

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Central America 2018

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Jorge Mario Colindres Sandoval

Legal manager | Energuate

About

In 2004 Jorge Mario Colindres Sandoval started working at Energuate, Guatemala’s largest power distribution company, serving over 1.6 million regulated consumers, initially as the internal legal advisor. From 2004-2008, his main role was to help maintain the legal indemnity of the group companies and their distributors, a transport company, one energy marketing company and today Energuate, in legal compliance and documentation of their assets. As of 2008, he has worked as legal manager to Energuate in the direction of all the corresponding legal procedures and has participated in the compilation of legal information at different times of the merger process by absorption of GasNatural with Union Fenosa. He has also participated in due diligence of three processes of sale involving participation of the majority shareholder. ‘All the previous activities have given me the opportunity to improve the skills to work under pressure, with different steering committees, levels of demand and quality of information’, says Colindres. Some of the department’s changes he has been responsible for include internal control procedures for judicial cases, contracts and legal documentation have been created, improved and established, derived from the integration of new members into the internal legal unit, whereby contracts of the FCPA, codes of ethics and human rights have been included in the contracts. These actions have contributed to generating confidence both internally of the company and externally with shareholders and authorities. Colindres previously worked in Ministerio Publico overseeing criminal cases, such as bank and administrative offenses and general crimes.

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