José Antonio Álvarez, who will step down as CEO of Santander on January 1, 2023 to take up a non-executive vice-presidency, has pointed out that “after 20 years in the group and eight as CEO, I think the time is right to leave my executive functions”, in a letter to the staff sent this Friday.
Álvarez will be replaced at the beginning of next year by Héctor Grisi, who is currently responsible for Santander’s business in North America. “Despite the difficult times we have had to live through in recent years, today we are stronger, more profitable
