Carey announces board changes
Carey has announced the election of Jaime Carey (pictured left) as new executive chairman and Pablo Iacobelli (pictured right) as new managing partner, as part of its succession plan. Jorge Carey, who has led the firm for almost 50 years, was appointed honorary chairman of the Executive Committee.
These appointments were approved by the firm’s Partners’ Meeting and are part of the plan set out in the firm’s bylaws, which establish the succession mechanisms for the firm.
“I feel very proud and calm to hand over the baton to my brother Jaime, and to see how we have managed to generate new leadership to ensure the continuity and future of the firm,” stated Jorge Carey.
“We have been preparing our succession plan for many years, which shows Carey’s institutional strength and strategic vision. All aspects related to the transfer of responsibilities, institutional relationship with clients, governance and strategic decision-making structure have been duly analysed and defined to ensure a smooth and transparent transition,” highlighted Jaime.
The new managing partner, Pablo Iacobelli, said that he takes on this new challenge with great responsibility and as an honour, and that he will work closely with Jaime Carey to implement a transition that gives continuity to the firm’s leadership and culture. “The strength of the firm lies in its collaborative spirit and strong institutional structure, which we must preserve in order for Carey to continue to be synonymous with excellence, ethics and innovation.”
Jaime Carey has been Carey’s long-standing managing partner since 1990. He is a lawyer from the Catholic University of Chile and his practice focuses on corporate and personal planning, local and international tax consulting, project finance, mergers and acquisitions and foreign investment. He is a director of numerous companies and is currently vice-president of the International Bar Association (IBA), where he has had a career of more than 40 years that will culminate in him becoming the first Chilean president as of 1 January 2025.
Pablo Iacobelli has been with the firm for almost 30 years. He is a lawyer from the Catholic University of Chile, holds an LL.M. from Duke University and is a specialist in corporate matters, mergers and acquisitions. He has advised numerous Chilean and foreign companies in complex M&A transactions. He has actively participated in the management of the firm as a member of the Executive Committee for almost 10 years.
