Sabadell makes second-tier appointments following July reshuffle

Sabadell has appointed several second-level executives following its July restructuring, as outlined by the bank's chairman, Marc Armengol. The aim is to streamline decision-making, accelerate technological transformation, and enhance innovation in products tailored for customers. Pablo Calvo will lead the new Business Transformation area, reporting directly to Jorge Rodríguez-Maroto, who oversees mortgages, consumer lending, payments, insurance, and investment funds.

Calvo, a veteran of the bank with five years' experience, will also manage the technical and operational side of retail banking, previously holding similar roles at Sabis and Deutsche Bank Portugal. Rodriguez-Maroto will report to Elena Carrera, general director of Operations and Technology, who also oversees the bank's credit activities and private banking.

Meanwhile, Robert Duran, another internal promotion, will spearhead the new Corporate Transformation and AI area, working to integrate artificial intelligence across all levels of the bank. The bank has also appointed Sergio Palavecino as Director General of Finance, responsible for cost management. The identity of the person who will lead cost management remains undisclosed.

Additionally, a Director of Procurement is to be appointed, currently integrated within the General Resources and Sustainability Department, led by Sonia Quibus. Communication within the bank will also report to Virginia Zafra, General Director.