Grace Chiriboga Erazo, Head of Financial Law at Fexlaw
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Head of Financial Law

GraceChiriboga Erazo

Head of Financial Law at Fexlaw. She holds a Master’s in Business Law and has held senior positions at the Junta de Política y Regulación Financiera (Financial Policy and Regulation Board), with experience at the Superintendencia de Bancos, the SEPS and COSEDE.

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10+yearsin financial system regulation
5public entitiesof the financial system
3languagesSpanish, English and French
Summary

Financial law and regulation.

Grace Chiriboga Erazo is Head of Financial Law at Fexlaw. She has extensive experience in financial and business law and in the regulation of the financial system, with a background in supervisory authorities, public agencies and financial cooperatives.

She served as Legal Director for the Financial System and Financial Inclusion at the Junta de Política y Regulación Financiera, and worked at the Superintendencia de Bancos (Superintendency of Banks), the Superintendencia de Economía Popular y Solidaria (Superintendency of the Popular and Solidarity Economy) —where she was representative to the CEMC working group of the Alliance for Financial Inclusion— and the Corporación del Seguro de Depósitos (COSEDE, Deposit Insurance Corporation).

She has led in-house legal departments of savings and credit cooperatives, advising boards, committees and senior management on regulatory compliance, regulatory drafting and team management. She holds a Master’s in Business Law from the Universidad Andina Simón Bolívar, with training in financial inclusion, compliance and anti-money laundering.

Financial lawFinancial regulationPopular and solidarity economyFinancial inclusionComplianceAnti-money launderingCorporate governance
Career

From financial regulation to Fexlaw.

  1. 01
    2012 – 2013

    Bolsa de Valores de Quito · Superintendencia de Bancos y Seguros

    Intern

  2. 02
    2014 – 2016

    Superintendencia de Bancos del Ecuador

    Legal Analyst

    • Analysis and resolution of financial consumer complaints, administrative appeals and closed-bank cases.
  3. 03
    2016 – 2017

    Ministerio Coordinador de Política Económica

    Lawyer

    • Project to codify the resolutions of the Junta de Política y Regulación Monetaria y Financiera.
    • Regulatory projects in the financial and monetary fields, and representation in administrative and judicial proceedings.
  4. 04
    2018 – 2019

    Corporación del Seguro de Depósitos (COSEDE)

    Insurance and Funds Protection Analyst

    • Led the codification of the resolutions of the COSEDE Board and took part in procurement processes under IDB rules.
  5. 05
    2019 – 2021

    Superintendencia de Economía Popular y Solidaria

    Legal Analyst · National Supervisor · Primary Representative AFI-CEMC

    • Administrative sanctioning proceedings against supervised entities and regulatory proposals.
    • Representative to the Consumer Empowerment and Market Conduct working group of the Alliance for Financial Inclusion.
  6. 06
    2021 – 2025

    Law firm in Quito

    Associate · In-house counsel for savings and credit cooperatives

    • Led the in-house legal department of savings and credit cooperatives, taking part in committees and in boards of directors and supervisory boards.
  7. 07
    2023

    Junta de Política y Regulación Financiera

    Legal Director for the Financial System and Financial Inclusion

    • Reports on the application of regulations, draft resolutions and responses to inquiries on the Board’s regulations.
  8. 08
    2025

    Law firm in Quito

    Senior Lawyer

    • Advice to boards of directors and on compliance, and regulatory alignment of community savings funds and banks.
  9. 09
    2025 – Present

    Fexlaw Abogados

    Head of Financial Law

EDUCATION

Training in business law.

  • Professional Master’s in Business LawUniversidad Andina Simón Bolívar
  • Higher Specialization in Business LawUniversidad Andina Simón Bolívar
  • Business AdvisorPontificia Universidad Católica del Ecuador
  • Diploma in Financial InclusionBanco de Desarrollo de América Latina (CAF)

Grace is part of the team recognized by the world’s most demanding legal rankings.

Leaders League — Ranked Firm 2026
Leaders LeagueRanked Firm 2026Band 1 · Criminal Law and Compliance
Chambers and Partners — Ranked in Latin America 2027
Chambers and PartnersRanked in Latin America 2027Anti-piracy
The Legal 500 — Competition & Antitrust
The Legal 500Ranked firmCompetition & Antitrust · Ecuador
IP STARS 2026 — Managing IP
IP STARS · Managing IPIP Star 2026Anti-Piracy and Intellectual Property
WTR 1000
WTR 1000World Trademark ReviewAnti-Piracy and Trademarks
Whatever the mind of man can conceive and believe, it can achieve.
Favorite quote
BEYOND THE LAW

Reading, gardening and painting.

In her free time she enjoys reading to broaden her knowledge, gardening because it connects her with nature, painting as a way to express her creativity, and traveling to discover new places, cultures and experiences.

Languages: Spanish · English · French

CONTACT

Would you like to speak with Grace Chiriboga?

Write to us or call our Quito office. We will get back to you shortly.

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