Altamira is strengthening its Management Committee and it has brought on board Federico G. del Castillo as the Legal, Compliance and Control Officer.

The leading Spanish servicer, Altamira Asset Management, with more than 50,000 million euros in financial and real estate assets under its management, announced today that Federico G. del Castillo would be joining its Management Committee as the new Legal, Compliance and Control Officer. It is a newly created post intended to strengthen and unify the legal advice, compliance and control units of the company. Federico G. del Castillo will report directly to the CEO of Altamira, Julián Navarro

With this new management structure, Federico G. del Castillo will be responsible for guaranteeing legal advice to the different corporate and operating units of Altamira, defining and implementing an optimum outsourcing policy with a comprehensive approach.

What’s more, he shall be responsible for promoting the understanding and culture of compliance and integrity in the fields of Legal and Data Protection, Reputational and Legal Risks and Conflicts of Interest, based on the regulatory framework in force and the best international standards.

Furthermore, he will be responsible for risk management through the setting up of a control environment which allows them to be identified, measured and evolved, guaranteeing compliance with the normative framework and the contractual obligations.

Julián Navarro, the CEO of Altamira Asset Management, stated that “with Federico G. del Castillo joining our team, this boosts our commitment to the Spanish market, on which we work with more than fifteen clients, and our aim to boost our leadership in the servicers’ business, by anticipating and creating a key figure for stricter management in legal matters, regarding normative compliance and, basically, in terms of all those matters related with the company’s reputation”.

 

In turn, Federico G. del Castillo stressed that “joining Altamira is a real professional challenge which I am sure will enable me to bring value through all the experience I have accumulated in my career, with the key aim of strengthening Altamira Asset Management’s firm commitment to good practices”.

Vast experience

Federico G. del Castillo graduated in Law from Universidad Complutense de Madrid (UCM), specialising in Intellectual Property and Data Protection at Instituto de Empresa (the Business Institute) and he has CCEP-I accreditation from the Society of Corporate Compliance and Ethics.

He has over 25 years’ experience in the Legal and Normative Compliance areas, both through practising the legal profession, as well as with in-house positions in different top-level multinationals. During the course of his career, he has been the member of multidisciplinary legal teams and has taken part in numerous national and international processes with regard to mergers, splits, restructuring and integrations of several companies and their business areas.

He worked for several years with the Sogeti-Capgemini Group where he held different legal positions for Iberia, UK and DACH and he was the Group Corporate Counsel and Ethics & Compliance Officer of the Sogeti Group at its head offices in Paris. Before working in the strategic consulting sector, he held the position of General Counsel Ethics & Compliance Officer for 4 years with LG Electronics for Spain.

During the last seven years, Federico G. del Castillo has been the Head of Legal & Compliance Iberia with Philips and  Philips Lighting (now known as Signify) and the Lead Compliance Officer South Europe. He joined this company to provide direct support in different transactions (mergers and acquisitions) and landmark business units. In his latest venture, he was responsible for implementing and transforming the Compliance programme for the southern region of Europe in close collaboration with Spanish and Portuguese-speaking countries (LatAm).