Marc Armengol prepares the new strategic plan for Sabadell
The roadmap he inherited from César González-Bueno expires at the end of 2027. The idea is to take the bank to the next level with AI so that it is more competitive and efficient, pay a high dividend, gain market share in companies, as well as simplify management.
Sabadell bank's new CEO, Marc Armengol, is preparing a new strategic plan to take the bank to the next level, focusing on artificial intelligence, competitiveness, and efficiency. The current plan, set by César González-Bueno, expires at the end of 2027 and aims for a 16% return on tangible equity (Rote), currently at 14.9%. Armengol has created a new corporate transformation and AI area, led by Robert Duran, and assigned Jorge Rodríguez Maroto to accelerate digitalization in the retail banking segment.
The bank aims to maintain a high dividend payout, gain market share in corporate banking, and simplify its management.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
