The CEO of the United Kingdom also changes his position, although he will remain in office until a replacement is found.
Santander you already have a destiny for Rami Aboukhair, who will no longer be the CEO of the Spanish subsidiary. From now on, the director will be global head of Cards and Digital Solutions for the group, a newly created position.
Aboukhair, one of the trusted executives of Ana Botin since they worked together in Santander UKwill report directly to Jose Antonio AlvarezCEO of the group. In his position, he will have the objective of building a “single, modern and flexible” card platform taking advantage of the technology of PagoNxt.
At the head of the Spanish subsidiary will remain Antonio Simões, a signing that Santander brought from HSBC, where he was CEO of the UK and continental Europe. He joined the bank last year as regional manager for Europe.
The entity has made this decision to, as it explains, align the management structure of Europe to that of the regions of North America and South America, where the regional managers are also CEOs of a country.
“I would like to thank Rami for his success in transforming Santander Spain over the last six years and in the integration of Banco Popular. In his new roles, will continue to play a very important role to improve the services we offer our customers and to move forward with the creation of One Santander”, Botín pointed out about the change.
On the other hand, the current CEO of Santander UK, Nathan Bostock, will take on a global role as head of Investment Platforms, from where he will supervise all the investment platforms owned by Santander or owned by the bank that are managed by third parties, with a focus on high-yield businesses.
Bostock will remain in his role until a successor is appointed, as the succession plan is still underway.