The British subsidiary of Banco Santander, Santander UK, has decided to sign the former president of the Spanish Banking Association (AEB), José María Roldán, as a new independent director. This has been reported by the entity in a statement collected by Europa Press. Roldán will take possession of his new responsibilities on June 1. In addition to sitting on the board of directors, he will also join the Risk and Responsible Banking committees.
This is the second appointment of the former president of the AEB in just over a month. On May 17, EBN Banco agreed that at its next shareholders’ meeting they would vote to incorporate Roldán as the new independent external director of the entity.
According to last year’s remuneration report published by Santander UK, Roldán will receive an annual salary of 150,000 pounds (172,674 euros): 95,000 pounds (109,360 euros) of base salary, 30,000 (34,535 euros) for belonging to the commission of Risks and 25,000 (28,779 euros) for being part of the Responsible Banking committee.
William Vereker welcomes Roldan
Santander UK Chairman William Vereker has welcomed Roldán to the board: “His in-depth knowledge and experience in banking supervision, financial stability and public policy will be beneficial to both the board and the business,” he said.
Roldán chaired the AEB for eight years, between April 2014 and April 2022. He was the Bank of Spain’s general director of banking regulation and a member of its executive council between 2000 and 2013. Basel bank supervision committee. Likewise, he was the founder and first president of the Committee on European Banking Supervision, the forerunner of the European Banking Authority (EBA).
Santander UK closed 2022 with a net profit of 1,423 million pounds (1,638 million euros), 1% more than the previous year. Total revenue experienced an annual increase of 10%, up to 5,006 million (5,762 million euros).