Europe’s transaction banker of the year 2025: Santander’s Mencia Bobo

Appointed in 2024 as Santander CIB’s global head of transaction banking, Mencía Bobo has steered the business through a year of market headwinds, economic volatility and rapid digital transformation. Bobo is leading a shift from traditional product silos to an integrated, ecosystem-based model that reflects the changing needs of corporates. 

“When I was appointed, we were probably at the peak of the business,” she recalls. “Interest rates were high, economic activity was going fast and transaction banking was performing strongly.

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