Joaquim Saurina assumes all executive power at WiZink following the resignation of the CEO.
Iheb Nafaa's departure is due to family reasons and was communicated to the staff this morning. The entity ensures that it has no relation with the negotiation of the sale of some businesses to Unicaja, which remains open.
Iheb Nafaa has left his position as CEO of WiZink for personal reasons, and José María Saurina has taken over as executive chairman. Saurina, who has been non-executive chairman since January 2023, will continue to implement the five-year strategic plan designed by Nafaa and approved by the board. WiZink, controlled by private equity fund Värde Partners, has been operating at a loss for six years due to high litigation costs related to its "revolving" credit card product in Spain.
The bank reported a loss of €53 million last year, but has shown a positive result from January to August 2024.
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.
