MADRID (Reuters) -Spain’s Santander named Mexican-born Hector Grisi as its new chief executive officer to oversee the bank’s digital transformation and growth strategy when the whole industry is rattled by global economic uncertainty. Grisi, 55, who made the bank’s U.S. business its most profitable last year, will take the helm from January 1 next year, the bank said on Friday, after replacing Jose Antonio Alvarez who has been in the role since 2015. Santander’s diversification, especially in Latin America, has helped the bank to cope with tough conditions for lenders in Europe since the financial crisis, where it has been cutting costs to cope with ultra-low interest rates.
Read more from the source Yahoo News: Santander appoints Grisi as new CEO to oversee growth, digital push, Published by: Jesús Aguado
