Juan Alcaraz departs Allfunds, replaced by Annabel Spring
Advisor - People | Jun 10, 2025 | Finance Community ES 3 - Private Bankin
Juan Alcaraz, founder and CEO of Allfunds Group, is stepping down after 25 years to pursue new challenges. He will transition to an advisory role for the next twelve months to ensure a smooth leadership change. Alcaraz has been pivotal in transforming Allfunds from a small business unit within Banco Santander into a leading global WealthTech platform. He played a significant role in pioneering the European open architecture fund industry and led Allfunds to its IPO in 2021. Allfunds has named Annabel Spring as the new CEO, effective June. Spring brings a wealth of experience from her tenure at HSBC and Commonwealth Bank of Australia, and she aims to leverage Allfunds' strong position in the wealth management and banking sectors to drive future growth.
Sectors
- WealthTech
- Banking
Geography
- Spain – Allfunds was originally founded in Spain as a business unit within Banco Santander.
- United Kingdom – Annabel Spring joins Allfunds from HSBC, which is headquartered in the UK, marking significant influence from British banking in the leadership change.
Industry
- WealthTech – Allfunds is a leading global platform in the WealthTech sector, providing innovative solutions for wealth management companies and their clients.
- Banking – The leadership transition involves professionals with significant experience in banking, notably from institutions like HSBC and Commonwealth Bank of Australia.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Juan Alcaraz | Former CEO | People | Founder and long-serving CEO of Allfunds, known for his leadership and contribution to expanding the company globally. |
| Annabel Spring | New CEO | People | Newly appointed CEO of Allfunds with extensive experience in wealth management and banking across multiple continents. |
| Allfunds Group | Company | Target Company | A global leader in WealthTech providing services for wealth management companies. |
| Banco Santander | Originator | Company | The original bank where Allfunds began as a small business unit. |
| HSBC | Former Employer | Company | Where Annabel Spring was previously the Global Head of Private Banking and Wealth Management. |
| Commonwealth Bank of Australia | Former Employer | Company | Annabel Spring held significant roles here prior to HSBC. |