Pedro Pesqueira – GC Powerlist
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Mexico 2016

Pedro Pesqueira

Vice president - legal and compliance (Latin America) | Sura Asset Management

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Mexico 2016

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Pedro Pesqueira

Vice president - legal and compliance (Latin America) | Sura Asset Management

About

Pedro Pesqueira is an established Mexican in-house lawyer, having served as general counsel at Sun Microsystems of Canada for six years before joining global financial services company ING in 2005 as general counsel for their insurance and mandatory pensions operations in Mexico. When ING sold part of its Latin American operations to Grupo Sura, Pesqueira maintained his position and now serves as vice president – legal and compliance (Latin America) for Sura Asset Management which has insurance, pensions and wealth management businesses in Colombia, Chile, El Salvador, Mexico, Peru and Uruguay. During his time at ING and Sura, Pesqueira has headed significant M&A transactions and corporate restructuring projects which have resulted in the company today being the number one pensions provider in the Latin American region, with over 17 million customers. These deals include the acquisition of Santander’s pension businesses in Latin America in 2007 for $1.6bn, the sale of ING’s general insurance in Mexico to AXA in 2008 for $1.5bn, the acquisition of BBVA Bancomer’s pension business in Peru by Sura in 2013 and Sura’s issues of international bonds in 2014.

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