Santander appoints Grisi as new CEO to oversee growth, digital push

Jun 17, 2022 | Executive Moves, Financial Services

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

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David has two decades of global recruitment experience and is Founding Partner of Willard Powell. Prior to founding Willard Powell, David worked with Leathwaite International, a global executive search firm. Before his employment with Leathwaite, David worked for Wachovia Securities (now Wells Fargo Securities) supporting the firm’s Investment Banking & Capital Markets Technology group. David is a graduate of Lasell College in Newton, MA, where he received a Bachelor of Science in Business Management with a concentration in Management Information Systems. David also serves as a Trustee on Lasell’s Board.