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Alberto Terol Esteban, veteran consultant with global leadership at Deloitte and Arthur Andersen, succeeds

Isabela Pérez Nivela as Andbank Espanya's board chair.

Synthesized from:
Diari d'AndorraEl PeriòdicARA

Key Points

  • Succeeds Isabela Pérez Nivela, who joined Inditex as Legal Counsel.
  • Extensive career at Arthur Andersen and Deloitte, leading EMEA operations and global Legal/Tax practices.
  • Holds degrees in Economics, Tax Law; PDG from IESE; current roles at Ontime and GMP Socimi.
  • Andbank Espanya manages €31B+ in assets; recent expansions include MyInvestor and acquisitions.

Andbank Espanya's board of directors has appointed Alberto Terol Esteban as its new non-executive chairman, the banking group confirmed on December 22, 2025. Terol, a member of the bank's advisory board since 2018, succeeds Isabela Pérez Nivela, who led the board from June 2023 until her recent move to Legal Counsel at Inditex.

Terol brings deep international experience in business leadership and strategic consulting. He previously oversaw operations across Europe, the Middle East, and Africa at Arthur Andersen and Deloitte, serving on each firm's global executive committee and directing their worldwide Legal and Tax practices. At Arthur Andersen, he also joined the global board of directors and earlier managed Garrigues Andersen as its lead partner.

His qualifications include a degree in Economics and Business from Complutense University of Madrid, a master's in Tax Law from ICADE at Comillas Pontifical University, a PDG from IESE, and the Global Leadership Program from the University of Michigan.

Terol currently chairs the non-executive board at Ontime Corporate Union and serves as an independent director at GMP Socimi. Previous roles encompass coordinating director at Indra, IAG, and OHL; non-executive chair of Senvion's supervisory board; independent director at Grup Varma; and senior advisor at BNP Paribas and Centerbridge.

Andbank Espanya specializes in private banking and wealth management for high-net-worth clients. It ended 2024 with a business volume exceeding €31 billion, backed by a team of expert bankers and asset managers. Recent milestones feature the 2018 launch of neobank MyInvestor, 2019 integration of Grup Merchbanc, 2020 acquisitions of Esfera Gestió and Bank Degroof Petercam Spain, 2022 incorporation of roboadvisor Finanbest into MyInvestor, and the 2024 completion of Gesconsult's integration.

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