Urgent.News

What's breaking now, across thousands of outlets.

Business

Santander hires former El Corte Inglés CEO Santiago Bau

The executive will be responsible for Strategy, Finance and Supplier Management in the Technology and Operations (T&O) area of the group.

Translated from Spanish Read in Spanish

Santander hires former El Corte Inglés CEO Santiago Bau

Santander has appointed Santiago Bau, former CEO of El Corte Inglés, as its new global head of Strategy, Finance, and Procurement within the Technology and Operations (T&O) division. Bau will join the bank in November and report to Juan Olaizola, Chief Operating & Technology Officer. He will oversee the execution of the T&O strategic plan, including Strategy, Finance, Procurement, and Budget Planning.

Bau previously worked at Goldman Sachs for 17 years and was also president of the board of Financiera El Corte Inglés, a subsidiary of Santander and El Corte Inglés.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

More in Business

Israel cannot secure lasting peace while Gaza remains in crisis

News this week that a lack of funding could result in the UN's World Food Programme cutting aid to roughly half a million people in Gaza is a sobering reminder that a ceasefire is not the same as peace. Although Israel ’s assault on the territory may have slowed somewhat since last year’s truce, the dire conditions that have made life…

Four stock sectors to buy Europe

Despite France, Europe emerges as one of the most attractive investments globally. Its valuation advantage over Wall Street, according to BCA Research, offers the opportunity to buy Europe and reduce exposure to technology through four stock sectors.

More from Thursday 22 October →