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Alliance Bernstein bolsters Iberian distribution team

With hire of 20-year Franklin Templeton alum

Iberian flags


Kirsten Hastings

Patricia Molpeceres has joined AllianceBernstein as sales director in its Iberian sales team.

Based in Madrid, she will report to Miguel Luzárraga, head of Iberia, and has been tasked with expanding the firm’s relationships across the region.

Molpeceres brings with her almost 30 years’ industry experience, the last two decades having been spent at Franklin Templeton.

Her most recent position was senior sales executive, which she held for 16 years.

In this role, she was responsible for the distribution of mutual funds to institutional and retail clients across the peninsula. She also led the development and implementation of customised products, as well as participating in the launch of a Ucits liquid alt funds platform.

Prior to AllianceBerstein, Molpeceres work at Bank of America.

Focus on distribution

“The Iberian region is growing to prominence within the Emea market and our appointment of Patricia is a testament to our commitment to the region,” said Luzárraga.

“In the current market environment, investors expect advice based on real investment expertise and broad-based knowledge.

“With Patricia we have found an expert who has the right technical understanding as well as a consistent focus on distribution.”