H ace 50 years, Banco Santander had more than a hundred offices; Today, the Group manages a balance that exceeds the figure of 1.2 billion euros, above the size of the Spanish GDP and is one of the largest banks in the world, with more than 14,000 offices and 187,000 employees. The strength of these data, synthesizing such a wide stage, beyond any rhetoric which can be invoked to gloss figure who throughout all those years, more than half as president, has driven the business project that It has become possible.
Emilio Botin has been a key figure in the contemporary history of the Spanish financial system and one of the main protagonists of modernization, consolidation, diversification and internationalization, able to set up a Spanish operator global dimension in the demanding scenario of globalization economical. Over a year ago, the newspaper Financial Times highlighted how his endurance record at the head of a large bank had provided continuity management at a time when the global financial crisis was wreaking havoc.
Emilio Botín banking business had recorded in his genes and was destined to continue the lineage of their ancestors bank. But far from comfortable in the position received, was filled with an innate vocation for permanent change, equipped with a penchant for breaking new ground, to conquer new markets, as the leader of an increasingly important financial system for economic activity . Tremendous quarterback, one after another advantage of the opportunities that presented themselves in a sector modernization and expansion, also affected by industrial crises, to be gaining size and financial muscle, to surprise the competition with impressive business policies and management styles innovative. It is true that the cluster can be a limiting factor of competition, but in the case of the entity chaired by Booty can be seen a direct relationship between the size and momentum of commercial dynamism within the sector.
No buttons began his career, as did other big bankers, but forged his banking apprenticeship in direct contact with credit risk experience and the connections between the financial sector and the industrial sector . According to his associates have, until recently it was not unusual to see Emilio personally analyze some other significant credit operation.
I have been fortunate to share their expertise in various forums and meetings. Besides his chivalry and good work, it would highlight its vitality and optimism, his breadth of vision, conviction in defense of their arguments, their sense of anticipation and confidence in our future prospects.
Over time, the Santander Group, currently the leading European financial institution by market capitalization, has become a clear example of the paradigm of too big to fail ; the legacy of Emilio Botín is, in turn, too big to be condensed into an article and, of course, to drop into oblivion.
Throughout his long career, the Spaniard banker acted exemplary in its mission to create value for shareholders, but doing so was far beyond, dignifying the exercise of corporate social responsibility to bring enormous benefits to the economy and society as a whole.
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