Allfunds Bank promotes Largo to director of global partnerships
Allfunds Bank has appointed Borja Largo (pictured) as director of global partnerships.
In his new role, he will be responsible for global relationships with the bank’s largest fund managers.
“Largo will implement a programme of specific action with each fund manager, where global as well as local initiatives will be highlighted for each region where Allfunds Bank is present,” the bank said.
The director has worked with Allfunds since the bank was founded in 2000.
He has held several positions within the investments team, working as fund analyst and as director of investments before taking the new role.
With this appointment, Allfunds aims to strengthen its relationship with mutual fund providers in an environment where international expansion is the main driver for the growth of the company.
Allfunds Bank is jointly owned by Santander and Intesa San Paolo and delivers open architecture investment fund solutions to more than 350 institutional clients, including commercial and private banks, insurance companies, specialist firms and asset managers.
The bank has more than €65bn in assets under intermediation. It offers about 23,000 funds from over 450 managers and it has offices in Spain, Italy, the UK, Chile, Luxembourg and Dubai.