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Banca March ex-CEO to head Sabadell's i-bank division

Banco de Sabadell SA named José Nieto de la Cierva head of corporate and investment banking, Expansión reported March 2.

The Spanish lender's corporate and investment banking division was previously headed by Fernando Pérez-Hickman, who left in the summer of 2017 to join U.S.-based Iberiabank Corp.

Nieto, formerly CEO at Banca March SA, will join Sabadell's senior management in the week of March 5, the newspaper wrote. He will report to Sabadell CEO Jaime Guardiola.