| AccorInvest Iberia
The AccorInvest Group is one of the most important owner and operator of hotels in Europe, with more than 1,000 employees in Spain and an annual turnover of €130m. According to a nominator: ‘the role of the legal in-house team at Accorinvest is paramount as the risks and compliance management has two different sides, the real estate and the hotel operator ones’. In the last two years the AccorInvest Iberia legal team has been highly dedicated to the spin-off of the real estate and hotels operation from Accor Group to launch the new AccorInvest Group. The creation of AccorInvest Group has required the legal team to launch a new governance, risks and compliance management system as well as reorganise the activity of the legal department to be aligned with its two core businesses. This has required the legal team to deliver an Iberian business plan, with improved results, accelerate acquisitions and disposals and M&A operations, and to create the legal and compliance culture of the company. ‘Our legal team culture is based on the entrepreneurship and business driven mind-set, the objective is to be the best legal team in our field of activity involved in all levels of decision making. This is developed through a strategic position of the legal team in the executive committee and a close relationship with the management and the businesses’, says general counsel and compliance officer, Marjorie Colas.