The former president of the National Securities Market Commission (CNMV) Sebastián Albella has joined Latham & Watkins as a lawyer ‘of counsel’ in Madrid with the aim of improving the ‘expertise’ of the firm in Spain, as reported by the firm .
Albella began his professional career as a State Attorney at the Ministry of Economy and Finance, where he was part of the team that drafted the Securities Market law. Subsequently, he held various positions at the CNMV and spent two decades in the private sector, at Ramón y Cajal Abogados and Linklaters.
He was also a legal advisor to the Spanish Banking Association (AEB) and a member of the Legal Committee of the European Banking Federation. In 2016, he returned to the CNMV as president, a position he held until December 2020.
“We are delighted to welcome Sebastián to our firm, in which he will contribute his extensive experience advising both in M&A operations and in regulatory aspects”, the managing partner of the Latham & Watkins office in Madrid said in a statement. Ignacio Gómez-Sancha.
The former president of the CNMV requested permission from the Office of Conflicts of Interest two weeks ago to be able to work in the private sector.