Santander Brazil Boss Rial Given More Say With Board Role

MADRID — Santander Brazil head Sergio Rial will join Santander’s board as a group executive director, the Spanish bank said on Thursday, giving the 59-year-old more influence over its overall strategy.

The Brazilian is viewed as one of the leading candidates to become Santander CEO in the medium term, several senior bankers have told Reuters, after the bank failed to hire Italian banker Andrea Orcel for the role in January last year.


By Jesús Aguado, Carolina Mandl and Pamela Barbaglia via The New York Times


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