Crédit Agricole Group unit CFM Indosuez Wealth Management SA is opening offices in Barcelona and Seville, increasing its number of offices in the country to six.
The move is in line with its 2020 strategic plan to speed up European expansion. The bank also added 14 wealth managers at its offices in Spain including those in Madrid and Valencia.
The bank named Iñigo Calderón, who previously worked at Deutsche Bank AG, to lead the wealth managers team in Madrid as head of its central region in Spain. David Nogués became regional head at the Valencia office.
Carlos Gálvez will lead from the Seville office, joining the company as regional director of Andalusia and Extremadura. He will work alongside Juan Gómez Millán, who joined the unit as senior wealth manager. Carlos Sensat joined the Barcelona office as its regional head.
