Andbank Spain bolsters Madrid team

Andbank Spain has added three private bankers to its office in Madrid raising to 11 the number of private bankers the group has appointed throughout 2017 in Spain.
The Andorran bank group has appointed David López, Alejandro Bellón and Carlos Palacios, who will be working in the office based in Serrano – launched at the begining of the year.
López, with more than 17 years’ experience, joins Andbank from La Caixa, where he worked as financial adviser for private banking. Prior to that, he worked as head of the asset management team at Banca Cívica and at Caja Navarra.
Palacios joins from CA Indosuez Wealth Management, where he worked as private banker. With over than 11 years’ experience, Palacios also worked at Credit Agricole Luxembourg.
Before joining Andbank, Bellón was working at GVC Gaesco as asset manager for retail clients.
The appointments, which continue expanding the company’s network of private bankers, aim at consolidating the company as one of the leading asset managers in Spain, Andbank said.
Andbank Spain’s assets under management amount to more than €1.2bn growing by 18%.