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MAPFRE appoints group CIO

Juan Bernal has been named group chief investment officer of MAPFRE, a Spanish insurance and money management firm, effective May 1.

Bernal succeeds Jose Luis Jimenez, who was appointed as MAPFRE's deputy chief financial officer as of Jan. 1, a spokesperson said.

Bernal most recently served as chief executive officer at CaixaBank Asset Management, a Spanish asset manager, said an April 19 news release.

CaixaBank Asset Management named Ana Martin de Santa Olalla to succeed Bernal, according to a news release from CaixaBank on April 19.

Based in Madrid, MAPFRE has more than €50 billion ($53.2 billion) in assets under management. MAPFRE Asset Management, a unit of MAPFRE, manages almost €38 billion in assets, MAPFRE's news release added.

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