Mario Ayala Elías

Mario Ayala Elías is the Managing Partner of Lex Atlas El Salvador.

Mario’s career is focused on consulting on banking, insurance and corporate transactional issues. He has extensive experience in the financial field, occupying the management of Banks and Financial Conglomerate companies in El Salvador for many years. 

He has participated in mergers and acquisitions of Banks and Insurance Companies in El Salvador and Guatemala. Additionally, it stands out for its participation in national and international financial company regulatory processes. 

Throughout his professional practice, he has advised several multinational companies recently on cryptocurrencies, fintech, electronic wallets, and payment platforms, among others. He has participated in the creation of new Banks and Insurance Companies in El Salvador for financial groups from the United States, Mexico and Central America. Mario Ayala Elías is recognized for his vast experience advising large companies interested in Central America, particularly in El Salvador and Guatemala.

Before joining Lex Atlas as a partner, Mario served as partner/director of Sfera Legal (2018 – 2022), Ayala & Betancourt (2012-2018), Romero Pineda (2007-2012), Banks and Financial Conglomerates (1990-2007 ). Judicial Branch and Supreme Court (1984-1990).

Practice Areas

  • Banking and Insurance
  • Financial Group Companies
  • Corporate-Commercial
  • Fusions and acquisitions
  • Real Estate
  • Fintech, Payment Platforms
  • Mediation and Financial Litigation

Recognitions

  • Banking/Corporate/Commercial, Chambers Latin America, 2012-2022.
  • Financial and Corporate, IFLR1000, 2018-2019.

Outstanding Expreriencie

  • The direction in Financial Regulatory Processes of authorization, constitution, and start of operations of new Banks and Insurers
  • Authorization of Representation Offices of Foreign Banks
  • Authorization of fiscal benefits to Foreign Banks
  • Authorization and Constitution of Electronic Money Transmitter Companies
  • Financial Advice to Companies on payment gateways in Cryptocurrencies
  • Advice on the acquisition and merger of Banco G&T with Banco Azul (2022)
  • Advice on financing structuring and stock market guarantees

Education

  • Graduated in Law – Jose Simeon Cañas Central American University (UCA), 1990.
  • Authorized to practice as a Lawyer since 1990.
  • Authorized to practice as a Notary since 1991.
  • Postgraduate in Business Law – University of Salamanca, Spain 1997.
  • Postgraduate in International Legal Law – Georgetown University and Incae. 2000.
  • Postgraduate in Business Administration for Lawyers – Incae Business School 2019.