Wendy Devenish joined Santander Bank to head the foreign direct investment business in its commercial banking division. Devenish will be responsible for working with U.S. subsidiaries of foreign-owned companies that plan to expand their business operations in the U.S.
She will be based in New York and report to Robert Rubino, co-president and head of Commercial Banking.
“As part of Banco Santander, a leader in international banking, we have the resources and know-how to help our clients do business around the world,” Rubino said. “Wendy’s deep industry knowledge and nearly 30 years of experience, coupled with Santander’s robust network connectivity across Europe and Latin America, distinguishes us from our peers and gives us a competitive advantage to help new and existing foreign-owned clients grow their businesses in the U.S.”
Devenish came to Santander from Wells Fargo, where she was a senior vice president and relationship manager responsible for growing the businesses of U.S.-based subsidiaries of foreign multinational companies spanning many industry sectors. Before Wells Fargo, she was managing director and head of network client coverage at the Royal Bank of Scotland, where she managed teams in the Americas that developed new business opportunities for U.S., Canadian and Mexican-based subsidiaries of foreign-owned companies.