Santander adds tech expertise to board

July 02, 2020 | Banking

Written by FinTech Alliance

Santander adds tech expertise to board

Banco Santander has given executive positions to three technologists.

In Brief:

  • R. Martin Chávez, previously of Goldman Sachs, is an independent director. He’ll look at risk, regulation and compliance as well as innovation.

  • Sebastian Gunningham, previously SVO at Amazon will be chairman of Santander Consumer Finance and Vice Chairman of Openbank.

  • Francisco D’Souza, co-founder of Cognizant, is now group strategic advisor for the development of Santander Global Platform.

 

What does this mean?

The appointment of three leading technologists is an important step on Santader’s digital transformation journey. The bank has praised the new executives’ “extensive experience”.

Santander has been rethinking its approach as it pours cash into a digital transformation project to retain its customers amid the rise of FinTech challengers and changing expectations.

Earlier this year it announced it would hire 3,000 IT professionals, and last year it restructured to bring together an entire digital services unit.


Read more here.

More in Banking

Varo is first US FinTech to gain bank charter 
Banking
August 03, 2020

Varo is first US FinTech to gain bank charter 

Varo Money has been granted a national bank charter in the US.   In Brief:  ...

Thought Machine adds $42mn funding
Banking
July 28, 2020

Thought Machine adds $42mn funding

Core banking technology firm Thought Machine has raised an additional $42mn Series B funding. In...

Barclays launches robo advisor for investing
Banking
July 28, 2020

Barclays launches robo advisor for investing

Barclays has launched a digital advice service to help customers invest. In Brief: The...

Banking
July 29, 2020

The Future Challenges Of Banking

Less risk, more access Following the global financial crisis in 2008, the face and landscape of t...

Banking
April 14, 2020

UK International Reserves - March 2020

The Bank of England manages the UK’s official reserves on behalf of the Government. We publish...

Banking
April 14, 2020

Appeal of online investing

Whether you’re cautious or risk hungry, NatWest Invest thinks it has a fund for you. Since...

There are no Events in this category