Michael Montes will continue to be associated with Banco Sabadell despite retiring from the entity as an executive. who is the man led CAM integration will be new president of Sogevisosubsidiary that creates the bank to manage social rental offered to customers at risk of exclusion who are unable to pay their mortgages. An attempt by Sabadell to respond eviction crisis that followed the bursting of the housing bubble and has persisted to this day.
In this way, the business regains one of its most valuable managers, who has been responsible for organizing the organization over the past decades. multiple absorption It allowed Sabadell – from Banco Atlántico to the British TSB, via Urquijo, Guipuzcoano or Banco Gallego – to become the fourth largest financial institution in the country from a small bank specializing in SMEs. A milestone achieved largely thanks to the system developed by Montes. facilitated the migration of millions of customer data Absorbed assets prevent process delay.
He was the new CEO of the entity, Cesar Gonzalez-BuenoAnnouncing the retirement of Miguel Montes in September of last year, following those who had replaced the previous CEO, Jaume Guardiolaand the financial director of the business Thomas VarelaIn the bank of Vallesan origin, whose current headquarters are in Alicante, an entire loop is closed.
At the time of his retirement from executive duties, Montes He was the Director of Organization and Resources, And Head of Retail Banking The organization he joined in 2001 after crossing Banca Catalana or Deutsche Bank Spain, among others.
Manager to replace Sogeviso chairmanship Xavier Aspacheswho will take over the vice-presidential position of this subsidiary, published on Monday in the Official Gazette of the Trade Registry (Borme) and approved by the bank itself.
Since this company was founded Provided social or affordable rentals to over 23,300 families nationwide, where additionally other types of assistance are offered. so, until 8,500 families I participated in the programs social accompaniment and some 2,400 people found jobs through the job placement program.
Currently, the company has 2,349 lease agreements in effect with an average social income of 240 euros per month or at an affordable price, despite the difficult circumstances of the beneficiaries, only one person default level 13.3%According to data provided by Sabadell.
Sogeviso also contributed 440 houses to the Social Housing Fund and communicates with 263 town halls and 211 platforms for those affected by mortgages across Spain.
The entity classifies as social rent that arises from due date of payment, litigation with the tenant, a Social Housing Fund request, or an illegal occupation by a family unit that is covered by social exclusion.
Miquel Montes is the director of venture capital manager as well as the chairman of this subsidiary. Harvest Capital Managementattended, among others, Jaume OliuSon of Sabadell president Josep Oliu, or Franc Gomez-Landero Itaca Capital Partners.