Spanish online wealth management provider Self Bank has reshuffled its management board following acquisition by private equity firm Warburg Pincus and Spanish banking veteran Javier Marín Romano in February 2019.
Marín Romano has been appointed Self Bank's CEO, succeeding Alberto Navarro. With around 25 years' experience in the Spanish banking and financial industry, Marín Romano has held various positions at Banco Santander since 1991, including director and chief executive officer from 2013 to 2015. Prior to that, he was head of the global private banking, asset management and insurance division.
Jacques Aigrain, former CEO of Swiss RE, and currently senior adviser at Warburg Pincus, has been named Self Bank's president. He is taking on the role of Alex Buffet.
Miguel Temboury, Barclays' senior adviser and partner and owner of the law firm Temboury Lawyers, will also form part of the bank's management board.
Private equity firm Warburg Pincus and Spanish banking veteran Javier Marín Romano acquired Self Bank from Société Générale's Boursorama subsidiary last February.
The acquisition was announced last year in June and had been expected to close by the end of 2018.
With 18 years' history, Self Bank is an online wealth management provider with a broad suite of banking and wealth management products including savings accounts, payroll accounts, equity, CFDs and over 2,400 investment funds.
Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The firm has more than $44bn in private equity assets under management and its active portfolio of more than 160 companies is highly diversified by stage, sector and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value.