Spanish managerAlantra Wealth Management has appointed Antxón Elósegui as a new partner in a move aimed at boosting the firm's business development following the 50.01% stake taken by Mutua Madrileña in the company in May.
Elósegui has been working for the asset management industry for over two decades. After starting his professional path working in Norgestión, he has spent most of his career at Crédit Agricole. At this company, he was general director and partner of Indosuez North; general director of Crédit Agricole Corporate and Investment Bank in Spain; and most recently general director at Indosuez Wealth Management in Spain.
Alfonso Gil, Alantra WM's chief executive officer, said: "The firm has positioned itself as very attractive project for professionals with consolidated experience who seek a career in a flexible entity. There are many who approach us with that in mind.
The firm has positioned itself as very attractive project for professionals with consolidated experience who seek a career in a flexible entity," Alfonso Gil, Alantra WM's CEO
"Our goal is to continue growing in that sense to boost our leadership, so we do not rule out more appointments in the short-term."
Elósegui said that the recent acquisition of Alantra by the Mutua Group was a key factor guaranteeing the strength of the company and its prospects for growth.
He continued: "Alantra WM's private banking capabilities have great potential to offer a differentiated advisory service to clients."
Expansion of the team in Bilbao
Gabriel Crespo is also joining the firm's office in Bilbao (Basque Country) as a partner.
Crespo joins from CA Indosuez Wealth Management too, where he was the director of the Bilbao office.
Crespo, with some two decades of financial experience, has spent 15 responsible for various business units. He worked at Indosuez Wealth Management in Spain for nine years, and 11 years between Banco Santander and Banco Pastor.