The Andbank group has appointed José Manuel Araluce as new independent director.
Araluce, who holds a degree in Law and Business Administration from Madrid’s Comillas Pontifical University, will be in charge of chairing Andbank’s Ethics and Compliance Committee.
Araluce has developed his professional career at Group Santander, where he has been global director of Compliance for 13 years.
Previously he was director of Strategic Planning for the global wholesale banking division and managing director in the Corporate Finance division at Santander Investment, where he developed investment banking and capital market activities.
Araluce has also extensive experience in the banking sector. He currently serves as an independent consultant specializing in regulatory compliance, corporate governance, and reputation risk.