Madrid, 2 November 2023 - Allfunds, the leading B2B WealthTech platform for the funds industry, announces today that Antonio Varela will be joining Allfunds as its new Chief Operating Officer, starting December 2023. Based in Zurich, Antonio will report directly to Juan Alcaraz, Chief Executive Officer, and will join Allfunds’ Executive Committee. Antonio, in his capacity as COO, will have oversight of the Operations and Information Technology departments.

Antonio brings extensive expertise in digital technologies and transformation, having served as the Head of Global Wealth EMEA Technology and Operations at Citi, as well as Swiss Senior Country Operations Officer. Prior to joining Citi, Antonio held various positions at Credit Suisse in the Group’s COO division, including responsibilities for Cloud Adoption globally and Head of Private Banking Technology for the Americas region. His contributions extended to roles in New York as the Americas Regional Lead for the Group’s CTO, leading teams for Risk & Finance, Corporate Systems Technology, and Operations.

Antonio holds a degree in International Business from Loop College and has completed an Advanced Management Program (AMP) from Duke University.

Antonio Varela said: "I am thrilled to join Allfunds at this exciting time of growth and innovation. I look forward to working with this talented team to continue delivering our best-in-class solutions for clients and partners, as well as driving operational efficiency and excellence across the organization."

Juan Alcaraz, CEO of Allfunds, stated: “As COO Antonio will lead core areas that are in great part the engine of Allfunds as a WealthTech company. Technology and Operations are key to our platform’s differentiated value and instrumental to our success as a business. Antonio’s experience, drive, and deep knowledge of the financial landscape will be instrumental in supporting our strategic vision and ambitions.”