Santander Brasil said on Friday that Liao would step down as CEO by July Deposit With the United States Securities and Exchange Commission. He will continue to lead the bank until the transition is complete.
Finkelsztain’s appointment as CEO is subject to regulatory approvals, according to the filing.
CEO of Banco Santander Anna Putin The leadership transition was announced on Friday mail He is linkedin.
According to an SEC filing, Finkelstein held positions in Citibank, JP Morgan and Santander Brasil before becoming CEO of B3.
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“He has a strong background and experience in the financial sector in Brazil – including Santander – which makes him well-positioned to lead the next phase of profitable growth at Santander Brazil,” Botín said in her post.
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Liao has been with Santander for 11 years and was CEO and board member for five years, according to an SEC filing. He previously served as Vice President of Corporate Banking and Director of Corporate and Investment Banking.
Botin said in her post that Liao informed the bank earlier this year of his decision to step down, allowing for a well-planned succession.
“Thanks to his leadership, today the bank is a more diverse, resilient and stronger organization,” Putin said in her post. “We visited many clients together, from large corporations to freelancers and entrepreneurs across the country, to learn about their businesses.”
In a mail On LinkedIn, which was translated by the platform, Liao said that until the leadership transition is completed, he will continue as CEO and nothing will change.
“Having led this company with all my might and energy for all these years, I couldn’t be happier with what we’ve seen since then,” Liao said of his five years as CEO. “We are transforming our portfolio, our results, our journeys and, above all, our absolute focus on customer insight – and from there, our increasingly strong service culture.”
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