Banco Santander appoints new CEO

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Hector Grisi to succeed Jose Antonio Alvarez as Santander CEO

Banco Santander SA said Friday that its Chief Executive Officer Jose Antonio Alvarez would be leaving his role as of Jan. 1, ending a seven-year tenure.

The Spanish lender SAN, +2.30% SAN, +2.55% said the board has decided to appoint Hector Blas Grisi Checa as his successor.

Mr. Alvarez will continue on the board of directors as a non-executive vice-chair, Santander said.


Source: El Financiero

Mexico Daily Post