Banco Sabadell Restructures Operations with Focus on AI Expansion
Banco Sabadell is restructuring its operations to streamline processes, enhance transformation efforts, and strengthen customer relationships. Effective from September 1, the reorganization includes forming a new corporate transformation & artificial intelligence unit under Robert Duran within the strategy division led by Marc Prat. The bank will centralize key functions such as people management, legal affairs, financial planning, technology, and operations to improve decision-making agility. In Spain's business area, a dedicated business transformation unit is being established for high-value customers and digital initiatives. The restructuring also involves redefining leadership roles across retail banking, private banking, personal banking, corporate banking, and commercial banking. Sabadell CEO Marc Armengol emphasized that the new structure aims to concentrate resources on strategic areas, accelerate AI integration into processes, and create a more agile organization capable of delivering improved customer service.
Topics: AI banking transformation restructure