The new president of Banco Santander, Ana Patricia Botin, chair its first general meeting extraordinarily rich next Monday, September 15, a date that was already convened to vote on the approval of the offer to acquire the minority interest in the subsidiary Brazil, according to Europa Press in bank sources.
After the death early yesterday morning of Emilio Botín, no major surprises are expected in the relay. And not occurred. For years, it was assumed that the day the banker abandon the presidency of Banco Santander would be his daughter Ana Patricia to assume the reins of the company, and it has. At a meeting hours after the death of Booty, the appointments and remuneration of the entity, chaired Asúa Fernando, Ana Patricia Botín proposed as a successor to his father. And early in the afternoon, at a meeting of the board of directors of the company held at its Madrid headquarters Boadilla, was elected unanimously as president of Banco Santander, as the bank said in a statement to the National Stock Market Commission (CNMV).
According to the note sent by the bank, the nominating committee believes that Ana Patricia Botin, which will be the first female president of a major bank in Spain, “is the best person given their personal and professional qualities, his experience, his career in the group and their unanimous national and international recognition. “
In recent years, Ana Patricia Botín has played his career in various positions within the Group Santander in which all analysts shared the view as a learning process to relieve his father when Emilio Botín abandon the presidency of the organization. Ana Patricia Botin, the oldest of the six children of Emilio Botin, Santander was born on the October 4, 1960 and a BA in Economics from Harvard University. He joined Banco Santander in 1988 as director of capital markets in the international division. From the February 4, 1989 he is a director of the bank, an entity in which he has held numerous positions. Among others, has been Deputy General Director of Banco Santander (1991), CEO and president of Banco Santander de Negocios (1993), general director of Banco Santander (1994) and president of Banco Rio de Argentina (1997).
Banesto Stage
When the merger with Santander Central Hispano Bank in January 1999, Ana Patricia Botín occur joined the Executive Committee and the Committee of Address of the entity and assumed responsibility for the Global Wholesale Banking. However, a few days later he resigned from office to pursue new professional initiatives, although he kept his seat on the board of directors. He was adviser to the Mexican group Televisa, and presided companies Suala Telecom, Reason and Coverlink while made compatible his work in the direction of the Bank of Venezuela-Grupo Santander.
Then came the stage when she was president of Banesto Between 2002 and 2010, the company was awarded Santander after being operated on eight years in which Banesto entered the Ibex 35 and obtained excellent economic results. From there he became chief executive of the UK arm of Santander, Santander UK, on 1 December 2010. precisely this division of the Cantabrian group confirmed yesterday that its board will meet next week to elect a successor to Ana Patricia Botín. Meanwhile, the current vice president of the company, Nathan Bostock, will be responsible for ensuring the continuity of operations and strategy of the bank.
Following his appointment, Ana Patricia Botín said that “right now as difficult for me and my family, I appreciate the confidence the board with total commitment and assume my new responsibilities. ” The new president of Banco Santander claimed that for years has worked in the bank and responsibilities in different countries, in which he said he had checked the ‘tremendous quality and dedication “of equipment entity. “We will continue working with full determination to continue building a Banco Santander every best to our customers day, employees and shareholders,” he pledged.
With his appointment as head of Santander, Ana Patricia Botín becomes the fourth generation of his family to take the reins of the company, whose designs have been in the hands of this dynasty from 105 years ago. It also joins the club of women leaders from Spanish banks, which contained only Dancausa María Dolores, CEO of Bankinter.
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