Indosuez Wealth Management (Indosuez WM), the global wealth management business of Crédit Agricole group, is opening two new offices in Seville and Barcelona raising to six the number of offices the company has in Spain.
Carlos Gálvez will lead the newly opened office in Seville – joining Indosuez as regional director of Andalusia and Extremadura – alongside Juan Gómez Millán, who joins the unit as senior wealth manager.
Carlos Sensat, appointed as regional head for the Barcelona office, will lead a team formed by Javier de Andrés and Jordi Solsona.
Indosuez WM ’s existing offices in Madrid and Valencia have also been strengthened with appointments of experienced executives and managers, responding to growing market demand from HNWIs and UNHWIs.
Iñigo Calderón has been named head of Central Region of Indosuez WM in Spain to lead the WM team in Madrid, to work alongside Diego Rosillo, Letizia Beca, Enrique Revuelta, Andrés Francoy and Ignacio Guzmán. Prior to that, Calderón worked at Deutsche Bank.
Indosuez’s Valencia office has hired Manuel Martínez and David Nogués as new regional head.
The moves are in line with Indosuez WM’s Shaping Indosuez 2020 strategic plan, aimed at accelerating growth in its key European domestic markets.
Antonio Losada, Chief Executive Officer of Indosuez WM in Spain, said: “The calibre of new hires demonstrates that Indosuez has established itself as a strong and attractive brand in the market at an exciting time for the sector, shaped by consolidation. Together with our new colleagues in Madrid, Valencia, Seville and Barcelona, we are now within reach of 90% of the Spanish territory bringing us closer to our clients.”
Indosuez Wealth Management had €118bn in assets under management as of the end of 2017.