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Andorran Banking appoints Lluís Alsina Álvarez as 2026 president

General assembly approves Alsina of MoraBanc as new president and Xavier Cornella Castel of Creand as vice-president, succeeding Carlos Aso under.

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Key Points

  • Assembly in Andorra la Vella approved Alsina as president and Cornella as vice-president for 2026.
  • Rotation replaces 2025 president Carlos Aso amid regulatory and economic challenges.
  • Priorities: EU compliance, governance, digital transformation, sustainability.
  • Association, founded 1960, advocates for Andorra's banks internationally.

Andorran Banking's general assembly approved on Wednesday the appointment of Lluís Alsina Álvarez, managing director of MoraBanc, as its new president for 2026, alongside Xavier Cornella Castel, managing director of Creand, as vice-president.

The decision follows the association's statutory annual rotation system, with Alsina replacing Carlos Aso, who held the role in 2025. The assembly, held in Andorra la Vella, confirmed the leadership renewal to maintain focus on key priorities for the sector's adaptation to a demanding regulatory and economic environment.

These priorities include compliance with European banking regulations, enhanced regulatory adherence, stronger governance frameworks, digital transformation, and sustainability initiatives. The incoming officers aim to build on these by fostering dialogue with economic and institutional stakeholders, bolstering the sector's resilience, transparency, and competitive position.

Andorran Banking highlighted the banking industry's vital contribution to Andorra's economic development, including financial stability, client trust, and alignment with international and European standards.

Founded in 1960, the association represents the Principality's banks, promotes best practices in professionalism and transparency, and serves as their advocate in talks with national and global authorities to position Andorra as a modern, reliable financial centre.

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