BOSTON, May 22, 2018 /PRNewswire/ -- Santander
Holdings USA (SHUSA) today
announced that its Board of Directors has appointed Mahesh Aditya
to serve as the company's Chief Risk Officer (CRO). Aditya,
who joined Santander in March 2017 as
Chief Operating Officer, will take over SHUSA's risk management
functions across the U.S. for Brian
Gunn who has assumed a new role as a special risk advisor to
Scott Powell, Chief Executive
Officer of SHUSA and Santander Consumer (SC). Aditya will continue
to serve as CRO for Santander Bank,
N.A. and as a member of the Boards of Santander Consumer and Banco
Santander Puerto Rico.
Powell said, "Mahesh brings a wealth of risk management
experience to his new role, having spent his career in CRO
functions across our industry. His expertise will be invaluable as
we continue to strengthen our risk management capabilities and meet
our regulators' expectations as well as our own standards of
excellence." He added, "These leadership appointments come at an
important turning point for Santander in a year where we have made
several significant strides on the regulatory front. Our commitment
to well-developed risk management and governance processes remains
among our highest priorities as we continue to build on an already
strong year for Santander US."
Prior to joining Santander, Aditya served as the Chief Risk
Officer and a Member of the Operating Committee for Visa Inc. He
started his career with Citibank in Risk Management and Operations
in India and later helped start
Citibank's Credit Card and Retail Banking business in Egypt. He subsequently served as Chief Risk
Officer of both Citibank Iberia and Citibank North America. Aditya
left Citibank after 17 years and joined JPMorgan Chase as Chief
Risk Officer of Retail Banking and later served as CRO Mortgage
Banking. He previously worked at Capital One as Head of Risk for
Mortgage and Business Banking.
Aditya holds a degree in Electrical Engineering from
Bangalore University and an MBA
from the Faculty of Management Studies, Delhi University. He has served as a member of
the board of Early Warning Systems (EWS).
Santander Holdings USA, Inc. (SHUSA) is a
wholly-owned subsidiary of Madrid-based Banco Santander, S.A.
(NYSE: SAN) (Santander), one of the most respected banking
groups in the world with more than 125 million customers in the
U.S., Europe and Latin America. As the intermediate
holding company for Santander's U.S. businesses, SHUSA includes six
financial companies with approximately 17,000 employees, 5.2
million customers and assets of over $128.2 billion. These
include Santander Bank, N.A., one of the country's largest
retail and commercial banks by deposits; Santander
Consumer USA Holdings Inc. (NYSE: SC), an auto finance
and consumer lending company; Banco Santander International
of Miami; Banco Santander Puerto Rico; Santander Securities
LLC of Boston; and Santander Investment Securities Inc.
of New York.
MEDIA CONTACTS:
Ann
Davis
617-757-5891
ann.davis@santander.us
Nancy Orlando
617.757.5765
nancy.orlando@santander.us
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SOURCE Santander Holdings USA