Banco Santander SA said Friday that its Chief Executive Officer Jose Antonio Alvarez would be leaving his role as of Jan. 1, ending a seven-year tenure.
The Spanish lender
said the board has decided to appoint Hector Blas Grisi Checa as his successor.
Mr. Alvarez will continue on the board of directors as a nonexecutive vice chair, Santander said.
Write to Maitane Sardon at firstname.lastname@example.org