BOSTON, April 9, 2020 /PRNewswire/ -- Santander
Holdings USA, Inc. ("Santander
US") announced today that Brian R.
Yoshida has been named Chief Legal Officer, effective
May 4, 2020, and Joe Abruzzo has been named Head of Commercial
Banking for Santander Bank, N.A.
("Santander Bank" or "the Bank"),
effective June 1, 2020. Both
Yoshida and Abruzzo will report to Tim
Wennes, Santander US CEO and Country Head, and Santander Bank President and CEO, and will be
members of the Santander US executive leadership team.
Yoshida will oversee all legal operations for Santander's US
businesses. He will lead the Santander US Legal Department and
oversee legal risk management, and provide legal advice and support
for Santander entities, businesses and functions across
the United States. Yoshida will
also oversee Santander US Government Relations and Public Policy,
Regulatory Relations, the duties of the Corporate Secretary, and
Governance functions.
Abruzzo will oversee all aspects of Commercial banking –
including middle market, mid-corporate, ABL, government banking,
treasury management, risk management, underwriting and portfolio
management, and international solutions – with a focus on
continuing our growth in our geographical and vertical markets,
while leveraging Santander's global presence and capabilities.
Yoshida joins Santander Bank
after serving most recently as Senior Vice President and Senior
Deputy General Counsel of M&T Bank Corporation. During his
tenure at M&T, Yoshida specialized in general corporate
matters, including mergers and acquisitions, securities, financial
reporting, treasury/ALCO, bank regulatory, corporate governance and
executive compensation. His experience at M&T also included
overseeing litigation, labor and employment, corporate real estate,
vendor contracts, commercial lending and leasing, wealth
management, corporate trust, intellectual property and information
security, and legal support for the Corporate Secretary's Office,
Investor and Shareholders Relations, Corporate Communications, the
M&T Charitable Foundation and the M&T Political Action
Committee.
Abruzzo joins Santander Bank from
HSBC, where he has served in several key leadership roles including
head of the large corporate and mid-market segments in Commercial
Banking and, most recently, as CEO of HSBC Private Banking
Americas and Chairman of the Board for HSBC Private Bank
International. He also spent 26 years at JP Morgan Chase in
executive positions in both Corporate and Investment Banking and
Commercial Banking.
"I am pleased to welcome Brian and Joe to the Santander US
team," said Tim Wennes. "Brian will
easily step in to lead our legal, policy and governance teams as we
continue to strengthen our regulatory framework, deepen and improve
customer relationships, increase profitability and enhance our
culture. Joe brings deep expertise delivering growth across all
aspects of commercial banking, and will lead initiatives to
leverage the strength of Santander's global resources with our
personalized Commercial banking capabilities here in the US."
Wennes continued, "These leaders bring a wealth of knowledge and
experience to Santander and will complement our dynamic leadership
team. Their strategic vision for Santander in the US will be of
great value as we work to continue execute on our strategy of
growing the Bank, leveraging the strengths of our US businesses,
and providing outstanding service to our customers and
communities."
Santander Holdings USA, Inc. (SHUSA) is a
wholly-owned subsidiary of Madrid-based Banco Santander, S.A.
(NYSE: SAN) (Santander), a global banking group with more than
145 million customers in the U.S., Europe and Latin
America. As the intermediate holding company for Santander's U.S.
businesses, SHUSA is the parent organization of six financial
companies with approximately 17,000 employees, 5.2 million
customers and assets of over $147 billion as of Dec. 31, 2019. These include Santander Bank,
N.A., Santander Consumer USA Holdings Inc. (NYSE: SC),
Banco Santander International of Miami, Banco Santander Puerto
Rico, Santander Securities LLC of Boston, Santander Investment
Securities Inc. of New York, and several other
subsidiaries.
CONTACTS:
Santander US Media Relations
Laurie Kight
214.801.6455
mediarelations@santander.us
Santander Bank Media Relations
Nancy Orlando
617-757-5765
mediarelations@santander.us
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SOURCE Santander Holdings USA,
Inc.