Santander’s board also announced the appointments of Bruce Carnegie-Brown, as first Vice Chairman and lead independent director of the Board, Sol Daurella and Carlos Fernández as independent Board directors, and Rodrigo Echenique, a current non executive Board Member, as Vice Chairman.
The three new independent directors will fill the vacancies left by the death of Emilio Botín and the resignation of Fernando de Asúa and Abel Matutes, the bank said in a statement.
Ana Botín had been head of Santander UK since 2010 and chaired the bank’s Spanish-based subsidiary Banesto for eight years before that. As noted in a bank’s press release, she highlighted the ousted CEO Marín’s “commercial transformation of our bank, bringing innovative management to lead our customer segmentation and service improvement initiatives, while also improving our profitability and efficiency”.
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