MAPFRE AM strengthens the institutional sales team
The insurance group’s asset management company has appointed Ramón Pardo as head of institutional sales. Pardo has ten years of experience in the asset management sector and has previously worked at companies such as Bestinver and Gesconsult. He graduated from CEU San Pablo University with a degree in Business Administration and Management and has held EFA certification since 2018.
The new executive joins the team of Eduardo Ripollés, who heads up institutional business development, to drive sales of MAPFRE funds to large investors. Almost three years ago, MAPFRE AM embarked on a strategy to attract this new profile in the midst of its internationalization process, both in Portugal and Latin America, where MAPFRE is already a leader in the insurance sector.
“The addition of Ramón to the team endorses our strategy as we reach out to institutional investors and continue to grow both nationally and internationally. I’m certain that his knowledge and experience of different investor profiles will assist us greatly as we expand further,” explains Ripollés.
Pardo’s arrival comes three months after the incorporation of Raquel Arteaga from CaixaBank AM as MAPFRE AM’s risk manager, a newly created position tasked with controlling the management company’s financial and non-financial risks.
MAPFRE AM is the leading independent asset manager in Spain with almost 40 billion in assets under management and more than 100 professionals. It has a wide range of traditional funds, but also thematic funds and ESG-focused funds. Not surprisingly, it became the first Spanish asset management company to receive the SRI Label, the most prestigious label for sustainable investments.