Spanish asset manager Mutuactivos has expanded its team with the appointment of Ignacio Dolz de Espejo to the newly-created role of investment solutions director.
Dolz de Espejo, who will report to Mutuactivos' CEO Luis Ussia, joins the Spanish firm from Alantra Wealth Management, which was acquired by Mutuactivos' owner the Mutua Madrileña Group at the end of 2018.
He will combine his current appointment with that of managing partner of Alantra WM's investment strategy.
With over two decades of experience in the private banking sector, Dolz de Espejo previously worked for various firms including A&G Gestión, where he was responsible for the business strategy and its equity unit; Morgan Stanley; and AB Asesores.
Mutuactivos' owner Grupo Mutua Madrileña took a 50% stake in the wealth management business of Alantra for €23.7m in December 2018 in a bid to strengthen its asset management business through clients' portfolio but also through acquisitions.
The insurer arm of Grupo Mutua Madrileña also bought a 29.2% of the Spanish investment firm EDM last year.
Mutuactivos is the asset management business of the Mutua Madrileña Group, whose assets under management currently stand at around €7bn.