Management changes at Santander

Nia Williams

March 22, 2010

Mathewson will replace Ricky Okey on AfI; Okey has decided that this is the right time to leave Santander. He also replaces Alvaro Morales who is moving to Miami to become chief executive officer of Santander Private Banking International.

Currently director of the bancassurance division, Mathewson will continue with this role through the important cross tax year periods, prior to taking up his new role, which is subject to FSA approval, on 1 May. In respect of his Abbey for Intermediaries responsibilities, he will report solely to Antonio Lorenzo. UK executive director.

António Lorenzo, executive director at Santander UK, said: “The Abbey for Intermediaries (AFI) and private banking functions are vital areas for our growth plans in the UK, and I look forward to working closely with Alan to ensure our success.

“We would thank Ricky for the contribution he has made in making AFI one of the leading players in the Intermediary space and for his part in ensuring the integration of Abbey and A&L’s Intermediary teams has progressed well. We are sorry to see him leave and wish him well in his future career.”

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