Allfunds hires Citi, a new person responsible for leading the technology and operational areas of the investment fund platform. The firm has hired Antonio Varela, who held a similar position in the US bank’s Global Wealth division for EMEA, to take charge of one of the Spanish fintech’s key businesses.
VarelaBased in Zurich, reporting directly Juan AlcarazCEO’s All funds, and will join the board of directors of the group. This company, which will come into effect next December, is a Restructuring in the first level management team of the investment fund platform.
“Antonio will be responsible for operations and technology, the core areas that are the driving force behind Alfunds as a WealthTech company.. „Both segments provide distinct value to our platform and are a fundamental part of our business,” Alcaraz explains. „Their experience
VarelaBased in Zurich, reporting directly Juan AlcarazCEO’s All funds, and will join the board of directors of the group. This company, which will come into effect next December, is a Restructuring in the first level management team of the investment fund platform.
“Antonio will be responsible for operations and technology, the core areas that are the driving force behind Alfunds as a WealthTech company.. „Both divisions provide differentiated value to our platform and are a fundamental part of our business,” Algaras explains. „Their experience in the financial sector will be extremely important to support our strategic vision.”
Restoration
Valera’s occupying position was newly created and represents a restructuring of the Allfunds management team. The new administrator will relieve the general director of the company from certain functions, Gianluca RenziniHe was also in charge of the operations area of Alfunds until now.
On the other hand, Luis Carmonawho till now ran the group’s technology business, He will retain his role but will report directly to Valera instead of Algaraz.
Varela has extensive experience in the areas of transformation and technology in the financial sector. Before CityHe held various positions in Swiss debt In the private banking division, between Zurich and New York, he worked on the migration of banking applications to the cloud and was responsible for technology and other positions for private banking in the Americas region.
