Carlos Aso, confirmed as CEO of the Andbank Group

Escaldes-Engordany, 1 July 2021.

Andbank’s Board of Directors and the AFA (Andorran Financial Authority) have ratified the appointment of Carlos Aso as the Group’s CEO. In his new position, Aso will head a global private banking institution – with 90 years of history since its foundation in Andorra in 1930 – which currently operates in 12 countries, with a team of more than 1,000 professionals and a volume of assets under management totalling 27.6 billion euros.

Carlos Aso joined Andbank in 2009 from the Boston Consulting Group and Deloitte and, since 2015, he has held the position of Managing Director at Andbank España, a position from which he has driven the bank’s organic and inorganic growth, positioning it as one of the most important private banking institutions in the Spanish market.

Under his leadership, within five years Andbank España has doubled its assets under management, its team of professionals – hiring highly renowned bankers – and the network of private banking centres. At the same time, he has promoted the launch of the MyInvestor neobank and completed several corporate operations, including the acquisition of Merchbanc in 2018, the integration of the Esfera Gestión business in 2020 and the acquisition of the Degroof Petercam Spain private bank in 2021. All of these achievements have enabled the bank to reach 8th position in the private banking ranking.