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Banco Santander Names Javier Marin as CEO After Saenz Quits

From bloomberg.com

Banco Santander (SAN) SA, Spain’s biggest bank, named Javier Marin as chief executive officer, turning to a leader from a younger generation after Alfredo Saenz resigned. Marin, 46, is senior executive vice president of the bank and head of the global insurance, asset management and private banking unit, the Santander, Spain-based bank said in a filing to regulators today. Saenz will also quit the 16-strong board. Chairman Emilio Botin, 78, is turning to a former personal aide to lead the day-to-day operations at the bank, which quadrupled its assets by acquiring lenders from the U.K. to Brazil (SANB11) during ... (full story)

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