The relief will be effective from January 1, 2023 and will be applicable to all regions, countries and global businesses.

Banco Santander’s board of directors will propose Hector Blas Grissy Check, the current CEO of Santander México and responsible for the North American region, as Group CEO and member of the entity’s board with effect from January 1, 2023, as announced by the entity this Friday. In line with Santander’s new management structure announced on 24 February this year, Grissi will report directly to the board, and will be responsible for all regions, countries and global businesses. The proposal comes after a rigorous succession process carried out by the Appointments Committee of the Board.

Greece Replace Jose Antonio Alvarez, to join the group in 2002. In 2004, he was appointed CFO and in 2015 as CEO. After the transition period, Alvarez will remain on the board of directors as non-executive vice president.

President of Banco Santander, anna botany, has assured that he is “very grateful to Jose Antonio for his contribution to the group over the past 20 years. Over the next few years.” Boughton has expressed confidence in the future CEO about Grissi. “He has decades of experience and an in-depth knowledge of our markets and our business lines. In addition, over the years he has demonstrated his leadership, teamwork and ability to create value for our customers and shareholders. Santander CEO K His outstanding results as the heads of Mexico and North America speak for themselves and are the best example of why the Board has selected him to lead the Bank in this new phase of growth and transformation.”