Eduardo García takes over from Jaime Velázquez as managing partner of Clifford Chance in Spain
Clifford Chance has appointed Eduardo García as the new managing partner of its Spanish offices, succeeding Jaime Velázquez, who has held the position for 11 years. The appointment will take effect on September 1 and until then the two will work closely together over the next few months, after which Jaime will devote himself full time to his practice as a Corporate / M&A partner and to advising listed companies on corporate governance matters.
Eduardo Garcia
Eduardo joined Clifford Chance in 1998 and was named partner in 2011. He currently heads the Global Financial Markets area for Spain, leading a team of 46 lawyers who advise the main national and international credit institutions, financial investors, funds and companies in all aspects related to the financial field, having participated in a large number of innovative matters both locally and internationally. In addition to the management of this strategic department, which he will continue to lead, Eduardo’s objective is to continue driving the growth and profitability of the firm and the implementation of the global strategy.
Jaime Velázquez
During his tenure, Jaime Velázquez “has managed to consolidate Clifford Chance’s position as an international firm of reference in Spain, successfully managing the generational handover of partners, and driven the digitalization and innovation plans coinciding with the profound transformation of the local and global legal sector,” the firm shared in a statement. Other notable milestones for the firm under his leadership include significant increases in revenue and profitability, as well as the growth and strengthening of the firm’s strategic global client relationships.
Steve Jacoby, Managing Partner of Continental Europe, said: “This is the beginning of a transition process at a time when the firm enjoys an excellent position in the market, thanks to the exceptional leadership of Jaime Velázquez, whom I would like to thank for his dedication and success over the last decade. I am delighted that Eduardo, who has had an exemplary career with the company for more than 20 years and therefore knows it inside out, will lead this new phase. I have no doubt that he will continue to drive the firm’s growth and further enhance our offering to clients with a global presence.”
Commenting on his appointment, Eduardo Garcia says: “It is an honor for me to assume this position and take over from Jaime Velazquez, who has so successfully led the Spanish offices over the last few years. The firm is in a period of growth and I will continue to work to ensure that our team is well positioned to advise our clients on the opportunities in both the Spanish and international markets and help them overcome the challenges of an increasingly complex environment.”