Nicolás Cotoner Leads Deutsche Bank's Private Banking in Spain
Portfolio - People | Jan 20, 2025 | Finance Community ES 3 - Private Bankin
Deutsche Bank Spain has appointed Nicolás Cotoner as the new head of its private banking segment. Reporting directly to Borja Martos, who leads the private banking and wealth management division of the bank, Cotoner will continue his role as deputy head of the wealth management division. The private banking segment caters to clients with assets between 500,000 and 2 million euros and is a key component of the bank's strategy, overseen by Susana Valero. Nicolás Cotoner brings 25 years of financial markets experience, joining Deutsche Bank in 2018 after 15 years at Credit Suisse. His education includes a degree in Business Administration from the European Business School and an MBA from Instituto de Empresa. Cotoner succeeds Fernando Candau, who has left to pursue new professional challenges. With a robust team of nearly 120 bankers and over 2,300 professionals across Spain, Deutsche Bank aims to reinforce its position as the go-to financial entity for family businesses, offering strategic advice and management of personal and business assets.
Sectors
- Banking and Finance
- Wealth Management
Geography
- Spain – The entire article revolves around activities and appointments within Deutsche Bank's operations in Spain, specifically in the private banking and wealth management sectors.
Industry
- Banking and Finance – The article details changes in leadership within Deutsche Bank focusing on the wealth management and private banking sectors, which are integral parts of the banking and finance industry.
- Wealth Management – The appointment of Nicolás Cotoner as the head of private banking highlights the focus on wealth management for high-net-worth individuals, a key area within this industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nicolás Cotoner | New Head of Private Banking | Person | Recently appointed as the head of private banking at Deutsche Bank Spain, previously served as deputy head of wealth management. |
| Deutsche Bank Spain | Company | Company | The Spanish arm of Deutsche Bank focused on private banking and wealth management. |
| Borja Martos | Head of Private Banking and Wealth Management | Person | Leads the private banking and wealth management division at Deutsche Bank Spain. |
| Fernando Candau | Former Head of Private Banking | Person | The preceding head of private banking at Deutsche Bank Spain who has departed to pursue other professional opportunities. |
| Susana Valero | Leader of Private Bank Division | Person | Leads the private bank division at Deutsche Bank Spain, which includes personal and business banking areas. |