Spanish online wealth management provider Self Bank continues reshuffling the business following acquisition by private equity firm Warburg Pincus and Spanish banking veteran Javier Marín Romano in February 2019.
Self Bank has now appointed Carlos Pérez Parada as chief of investments. He joins the firm from Andbank, where he was CEO of the bank's asset management business as well as managing director of Andbank Wealth Management and Advisory in Spain.
Before his tenure at Andbank, Pérez Parada was also the CEO of Barclays Wealth Managers for Western Europe (Spain, France and Portugal), and the chief investments officer at JP Morgan Private Bank for EMEA. He also was an external investments adviser at the World Health Organisation (WHO) in Geneva.
Self Bank - which is currently under a transformation process after change of ownership in February -, aims at reaching €15bn in assets under management in five years and subsequently become a listed company on the Spanish stock exchange, the Spanish financial news website Bolsamanía reported.
Following Pérez Parada departure from Andbank, the bank has appointed José Caturla to succeed him as the bank's CEO.
Caturla, who joined Andbank in March as global asset management director, will now be combining both roles.
Private equity firm Warburg Pincus and Spanish banking veteran Javier Marín Romano acquired Self Bank from Société Générale's Boursorama subsidiary in February 2019.
The acquisition had been announced last year in June and had been expected to close by the end of 2018.