Andbank Group has named Manuel San Salvador as head of Corporate M&A team.
San Salvador (pictured), who will be based in Luxembourg, was formerly working as the CEO of Andbank in Luxembourg. He will remain being part of its management board.
Gabriel Uriel Levcovich, who joined Andbank in 2014 from Banque Hapoalim, will be succeeding San Salvador as CEO of Andbank Luxembourg.
San Salvador has more than 30 years’ experience in private banking holding a wide range of management roles at various entities worldwide.
Prior to join Andbank, he worked for Lazard as head of its Spanish Wealth Management division. He also worked for Spanish bank Banco Urquijo and for Merrill Lynch Private Banking. In addition, he was responsible for Barclays Private Banking in Europe and for the Swiss division of Barclays in Geneva.
Ricard Tubau, CEO of Andbank Group, said: “San Salvador has made a great job leading Andbank Luxembourg, boosting the entity to reach €3bn of AuM as well as managing a team formed by 100 people. It is part of our strategy to take advantage of San Salvador’s long and valuable experience in a key area of our business such as Corporate M&A.”