Santander Bank unified its commercial and industrial business and its commercial real estate, equipment finance and vehicle financing business into one U.S. commercial bank under the leadership of Michael Lee.
Bruce Jackson will assume the roles of head of Santander’s U.S. auto business and CEO of Santander Consumer USA in March. Jackson will succeed Mahesh Aditya, who is taking on the role of group chief risk officer for Banco Santander in Madrid, subject to customary regulatory approvals.
Santander Holdings USA named Ashwani Aggarwal chief risk officer. Aggarwal, who will report to Tim Wennes, CEO of Santander Holdings USA, joined Santander in 2019 and most recently served as head of risk analytics and chief model risk officer.
Santander Bank named Patrick Smith the head of small business banking, Giancarlo Marchesi the head of consumer lending and Jennifer Mathissen the firm’s chief marketing officer.
Santander US named Brian R. Yoshida chief legal officer and named Joe Abruzzo head of commercial banking for Santander Bank. Yoshida joined from M&T Bank and Abruzzo joined from HSBC.
Santander Bank named Pierre P. Habis head of consumer and business banking, effective May 4, 2020. He will report to Tim Wennes, Santander US CEO and country head, and Santander Bank president and CEO.
Santander US has promoted Tim Wennes to CEO and country head and named Mahesh Aditya CEO of Santander Consumer and Sarah Drwal CRO of Santander US.
Santander US has made a series of new executive appointments, including naming Timothy Wennes as the president and CEO of Santander Bank. Juan Carlos Alvarez was named Santander US and SBNA CFO.