Santander UK today confirmed the appointment of Juan Garrido Otaola as Head of Santander Global Corporate Banking (SGCB) UK and CEO of Abbey National Treasury Services plc (ANTS).

Mr Garrido had undertaken the role on an interim basis since his appointment as Head of UK Markets in March 2016.

Prior to this appointment, Juan was the Head of SGCB Mexico at Grupo Financiero Santander Mexico and held a number of senior positions within the Group including European Head Fixed Income and Currency Sales, Head of Corporate Sales and Head of Retail Structured Products.

Before joining Santander, Juan led the Investment Banking division for Banco Portugues de Investimento in Spain. He began his career at JP Morgan where he held a number of roles within Equity Sales, Derivatives, Options and Money Markets.

He will report locally to Chris Sullivan, Head of Santander Corporate Banking, Santander UK and globally to Jacques Ripoll, Senior Executive Vice President and Global Head of SGCB, Banco Santander. Juan will also join the Santander UK Executive Team.

Head of Santander Corporate Banking, Santander UK, Chris Sullivan welcomed the appointment: “I am delighted to confirm the appointment of Juan as Head of Santander Global Corporate Banking here in the UK. He has done an excellent job over the last ten months as the interim head of SGCB, playing an integral role in transforming and growing the business and significantly improving returns. I look forward to continuing to work with him and his team to maintain momentum and progress in this very important element of our UK Corporate Bank.”

Senior Executive Vice President Banco Santander and Global Head of SGCB, Jacques Ripoll said: “With over 20 years’ experience, Juan combines technical expertise with a client-centric approach. This will be invaluable as we deliver our strategy to grow our product offering and to continue to improve the service we provide to an ever growing diverse customer base.”

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Notes to Editors
1. Photograph available on request.

2. Biography


March 2016 to date: Head of UK Markets and Interim Head of Santander Global Corporate Banking UK

Feb 2013 – March 2016: CEO of Global Wholesale Banking at Grupo Financiero Santander Mexico

2011 – 2012: European Head Fixed Income and Currency Sales, Banco Santander
2009 – 2011: Head of Corporate Sales, Banco Santander
2005 – 2009: Head of Retail Structured Products, Banco Santander

2004 – 2005: Head of Investment Banking, BancoPortugues de Investimento.

1995 – 2004: JP Morgan, variety of positions held within Equity Sales, Derivatives, Options and Money Markets

Juan is a Business Administration graduate (Cum Laude) from Suffolk University, Boston, Massachusetts and has an MBA from ESEUNE, Bilbao, Spain

Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. It has brought real competition to the UK, through its innovative products for retail customers and relationship banking model for UK SMEs. At 31 December 2016, the bank serves around 14 million active customers with c20,000 employees and operates through 841 branches (which includes 60 university branches) and 67 regional Corporate Business Centres. Santander UK is subject to the full supervision of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the UK. Santander UK plc customers are protected by the Financial Services Compensation Scheme (FSCS) in the UK.

About Us
Banco Santander
(SAN SM, STD US, BNC LN) is a leading retail and commercial bank, headquartered in Spain, with a meaningful market share in 10 core countries in Europe and the Americas. It is among the world’s top banks by market capitalization. The bank’s purpose is to help people and businesses prosper, in a way that is simple, personal and fair. Founded in 1857, Santander had EUR 1.52 trillion in managed funds, 125 million customers, 12,200 branches and 188,000 employees at the close of 2016. Santander made attributable profit of EUR 6,204 million in 2016, an increase of 4% compared to the previous year.

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