Compass Group has appointed one of its partners as the head of its private wealth management business to replace the unit's former chief, who left the firm roughly a month ago.
Anabel Vidal has taken over the role from Ignacio Zapata, who left Compass for personal reasons at the end of June after almost nine years with the company.
In her new role as regional head of private wealth management, Vidal will be tasked with expanding the firm's offshore services and product offering for all Latin American private clients, according to a Compass spokesperson.
A 17-year veteran of the financial industry, Vidal will continue to serve as country head for Colombia and Panama, a role she’s held for two years.
She'll work alongside Jorge Rovira, the commercial director for Colombia, who was also recently named co-head for that country and for Panama.
From 2011 to 2015, Vidal was in charge of product development, vehicle selection and portfolio management for Compass private clients in New York and Miami, according to the firm’s website and Finra, a US financial regulation authority.
One of the largest fund distributors in Latin America, Compass has offices in seven countries in the region and in New York, according to its website.
The firm offers wealth, asset, and fund management services, running more than $36 billion in funds and advisory for private and institutional clients.