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Santander’s Sergio Rial |
Rial has had a big impact on Santander since he joined as head of its Brazilian bank in 2015. He has led that unit’s transformation, with return on equity (ROE) increasing from 14% to 21%.
Announcing Rial’s promotion to the board, Santander Group executive chairman Ana Botín commented: “[Rial] has delivered great results and fostered cultural change, increasing the engagement of our teams and the number of customers that recommend Santander.
“I am certain that his vision will provide great value to the board.
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