Santander Bank expanded its Commercial Banking presence in the Southeast region and has named Fred Aldin market director for Southeast commercial banking to lead the expansion. Santander also named Alex Terzi head of Southeast foreign direct investment banking.

The Commercial Banking Southeast office is based in Miami and serves clients and prospects in the surrounding states.

Robert Rubino, Santander Bank’s co-president and head of Commercial Banking, said, “We continue to make significant investments to support our growing commercial business in the U.S. Our growth strategy relies on experienced leaders who consistently bring valuable ideas to clients based on our international, industry and corporate finance knowledge. Fred and Alex’s demonstrated track record of consistently delivering value-added solutions to clients make them the perfect fit for these roles.”

Aldin has more than 20 years of commercial banking experience. He relocated to expand Santander Bank’s mid-corporate banking capabilities in the Southeast region after three years in New York, where he onboarded the bank’s U.S. corporate clients with a presence in Latin America and Europe. Prior to joining Santander, he worked in the sponsor finance group at CIT where he increased the firm’s private equity client base. He also held several senior roles at WestLB, where he was instrumental in building out the bank’s leveraged finance and structured finance capabilities.

Terzi is responsible for working with U.S. subsidiaries of foreign-owned companies that plan to expand their business operations in the Southeast region. He has 20 years of extensive experience in all aspects of corporate and investment banking in multiple sectors on an international scale. Terzo joins Santander from Wells Fargo Bank, where he was a senior vice president in the global banking division responsible for building out the bank’s Latin America initiative. Prior to working for Wells Fargo, he served as vice president at BNP Paribas and at Wachovia Bank and Itaú Unibanco in a variety of senior roles in the U.S. and overseas.