Toronto, April 10, 2023 /CNW/ – Scotiabank announced today that it has appointed Francisco Aristegueta Role of Group Head, International Banking, Effective May 1, 2023. Mr. Aristeguieta will become part of the executive management team with responsibility for the bank’s international banking business line.
Mr. Aristegueta is a seasoned global banking leader with over 30 years of international banking experience with leading global financial services organizations across a wide range of markets. Latin America, North America, Asia, Europe and Middle Eastern. He has significant senior leadership experience leading country operations and overseeing spread business lines Latin America and other international markets. Most recently, Mr. Aristegueta was responsible for the strategic restructuring of the global asset servicing business of a major financial institution operating in the United States, Europe, AsiaThe Middle Eastern and Latin America.
“Francisco is an experienced transformational leader who leads multiple business segments for leading financial services organizations in global markets, with a proven track record of delivering results. Latin America“, said Scott Thomson, president and CEO of Scotiabank. “He will bring his experience and leadership to help us increase engagement and deliver for our customers in our international markets. As we look to refresh our strategy this year, Francisco will be a strong complement to our leadership team and will play a central role in this. We look forward to serving our shareholders.” Helps deliver long-term profitable and sustainable growth.”
Additionally, Ignacio “Nacho” Deschamps has announced his intention to retire from Scotiabank at the end of April. Mr. Deschamps joined Scotiabank in 2016, playing an integral role leading digital transformation efforts across the bank’s international banking business line and its global footprint.
“Nacho is an excellent global banker with deep knowledge Latin America. During his time with the bank, he reshaped our international footprint, led our international markets through the pandemic, and built a highly competitive banking franchise in our key markets. Nacho led the bank through an enterprise-wide digital journey, inspiring the team to deliver and scale digital solutions to enhance our employee and customer experiences,” continued Mr. Thomson. “I want to thank Nacho for his leadership and Many contributions, which have helped us become a more customer-centric, digitally-driven organization.”
“It has been a great privilege to work with this winning team at Scotiabankers over the past seven years as we drive our digital banking leadership and improve our employee and customer experiences,” said Nacho Deschamps, Group Head, International Banking and Digital Transformation at Scotiabank. “I am inspired by the dedication and winning spirit of our leaders and teams Chile, Mexico, Peru, Colombia, the English Caribbean and the rest of our markets, to build a great bank for our communities and countries today and for every future. I am very optimistic about the bank under Scott’s leadership and wish him and Francisco great success in this next phase of the bank’s journey.”
Francisco Aristegueta Career Highlights:
As CEO of Institutional Services at State Street, Mr. Aristegueta managed more than 85% of the bank’s revenue globally, leading the strategic repositioning of the asset servicing business globally, moving from an operations-centric to a customer-centric approach.
At Citigroup, Mr. Aristegueta worked on both the consumer and institutional sides of the business, leading Latin America and Asia Pacific areas; A business with more than $15 billion in revenue.
During Mr. Aristegueta’s 25-year career at Citigroup, he drove the market-leading digitization of the card, retail and wealth management businesses. Asia and Middle Eastern. He also headed the Global Transaction Services Group Latin America and Mexicoand led to successful transformation and transformation in most markets in the region, leading to improved efficiency and sustainable revenue growth.
Scotiabank is America’s leading bank. Guided by our purpose: “For every future“, we help our clients, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. More than 90,000 With employees and assets of more than $1.3 trillion (as of January 31, 2023), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and the New York Stock Exchange (NYSE: BNS). For more information, please visit http:// / www.scotiabank.com and follow us on Twitter @Scotiabank.
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