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Monday, October 3, 2022
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IBM assitant GC and VP joins Jones Day as of counsel

Jones Day has hired Paloma Valor, Chief Trust & Compliance Officer, general counsel and vice-president at IBM, as of counsel in the firm´s International Litigation & Arbitration practice in the Madrid office

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Paloma Valor has 35 years experience in Compliance, complex transactions involving information technology (IT), Mergers, Acquisitions and Divestitures both as independent transactions and as part of Corporate Restructurings, and disputes. She has served as a trusted advisor and strategic partner, assisting companies, boards, directors, and management in high-stakes Legal and Compliance matters. Her practice also includes Compliance risk assessments, fraud prevention, the development of policies and programmess to address and mitigate those risks, and the implementation and digitalisation of Compliance programs.

She joins Jones Day from IBM, where she was Chief Trust & Compliance Officer and VP & Assistant general counsel, in charge of the leadership, design, direction of the IBM Corporation Compliance Program and Function, focused on Foreign Corrupt Practices Act and other Anticorruption laws around the world, directly reporting to the Audit Committee of the Board of Directors and IBM´s General Counsel.

Paloma has been linked to IBM since 1998, as head of Legal department IBM Spain, Portugal, Greece, Israel and Turkey. In 2005, she was appointed senior counsel of IBM Europe, and in 2008, associate general counsel, becoming vice-president, assistant general counsel in 2013. In 2015, she moved to New York, from where she now joins Jones Day as of counsel.

“The addition of Paloma to the Madrid office is great news. Her integration into a team of lawyers that collaborates closely with our colleagues around the world increases our ability to advise clients on multiple practices,” said Mercedes Fernández, managing partner of the Madrid office. “Her global experience will be of great value to clients facing multi-jurisdictional Litigation or Arbitration and dealing with regulators on Compliance matters; as well as to individuals and companies affected by catastrophic events; and with reference to the changes brought about by the ESG movement.”

“Paloma brings extensive experience and knowledge of European markets that will provide significant value to our clients, strengthening our capabilities to help companies deal with complex Commercial Litigation around the world,” said Greg Shumaker, head of Jones Day’s global International Litigation and Arbitration practice.

Paloma holds a Law degree from Universidad Complutense de Madrid and a Tax LLM from IE Law School.

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