Santander bank to appoint new chairman today after Emilio Botin’s death
MADRID | The Corner | Spanish banking landmark Emilio Botin died on Wednesday at 79 of heart attack, but the country’s main lender won’t be without a captain for long: a special board meeting will be hold on Wednesday to designate a new chairman, the bank said in a statement. Scion of a wealthy banking dynasty, Mr Botín was the head of Spanish banking internationalization. Shares in Santander dropped 1.7 percent to 7.6 euros at 0710 GMT after the announcement.