Luis Artero Joins Pictet WM as Senior Banker in Spain

Portfolio - People | Mar 12, 2025 | Finance Community ES 3 - Private Bankin

Luis Artero Joins Pictet WM as Senior Banker in Spain

Pictet Wealth Management (WM) bolsters its senior banking team in Spain with the addition of Luis Artero, a seasoned professional with a 23-year career in private banking. Previously, Artero served as the Director of Investments and a Senior Private Banker at J.P. Morgan Private Bank in Spain. His appointment underscores Pictet WM's ongoing expansion and commitment to excellence in private banking across Iberia. Enrique Sendagorta, who has recently been appointed CEO of Pictet WM in Iberia, will oversee Artero's integration into the team, which now includes seven senior bankers and three investment specialists. Artero brings a wealth of experience in wealth management, global markets, and mergers and acquisitions, with prior roles at Morgan Stanley and Arthur Andersen. This strategic hire aligns with Pictet WM's long-term vision of providing stable, secure, and adaptable wealth management solutions to its clients amidst the geopolitical and legal uncertainties.

Sectors

  • Private Banking
  • Wealth Management

Geography

  • Spain – The article focuses on Pictet Wealth Management's operations in Spain, specifically the hiring of a senior banker for their Spanish team.
  • Iberia – The article references Pictet Wealth Management's management and client focus in the broader Iberian region, including Spain and Portugal.

Industry

  • Private Banking – The article discusses the appointment of a senior private banker to Pictet Wealth Management, highlighting the company's private banking services targeting high-net-worth individuals.
  • Wealth Management – Pictet Wealth Management's operations and strategies in wealth management for affluent clients are central to the article.

Financials

  • €771 billion – Assets under management or custody by Pictet Wealth Management as of December 31, 2024.

Participants

NameRoleTypeDescription
Luis ArteroSenior BankerPersonFormer Director of Investments and Senior Private Banker at J.P. Morgan Private Bank in Spain, now joining Pictet WM.
Pictet Wealth ManagementEmployerCompanyA prestigious wealth management firm part of the Pictet Group, focusing on private banking services.
Enrique SendagortaCEOPersonRecently assumed role as CEO of Pictet Wealth Management in Iberia, overseeing the senior banking team.
J.P. Morgan Private BankFormer EmployerCompanyLuis Artero's previous employer, where he served as Director of Investments and a Senior Private Banker in Spain.