Rodrigo Echenique is going to retire from his executive duties at Banco Santander once the legal integration of Banco Popular is complete.
Echenique, who joined Santander in 1988, will leave Banco Santander’s executive committee and resign as chairman of Santander Spain – effective on 1 January 2019 – but will remain on the group’s board of directors as vice chairman and member of the appointments committee.
Santander’s Group Executive Chairman, Ana Botín, said: “Echenique made a decisive contribution to Santander’s success in the last 30 years, both as an executive and as a reference Board member. As Chairman of Santander Spain, his leadership has been fundamental in successfully completing the acquisition and integration of Banco Popular. In his new role, as Non-Executive Vice-Chairman of the Bank, his experience and knowledge will continue to help us fulfill our purpose of helping people and businesses prosper.”
Banco Santander’s board of directors has appointed Belén Romana as a member of the executive committee, and the composition of the board’s committee for Responsible Banking, Sustainability and Culture will be chaired by independent board member, Ramiro Mato.
The Board of Directors has also named Keiran Foad as the group’s new Chief Risk Officer, succeeding José María Nus, who will focus on supporting and advising executive chairman Ana Botín on strategic projects related to risk.
Keiran Foad joined Santander UK in 2012 and has more than 30 years’ financial experience globally. Since March 2017 he has been Deputy Chief Risk Officer of the Group. He was previously CRO and a member of the Executive Committee of Santander UK.