Banco Santander's International Advisory Board (IAB) yesterday held its first meeting in Boston (Massachussets, USA) with a focus on digital and changing customer expectations of their banks. They were joined by Santander executives and several members of the Group board.

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Banco Santander’s International Advisory Board
meets in Boston for the first time
• Senior strategy, IT and Innovation executives focus inaugural session on how to serve
banking customers in the digital age.
• Grupo Santander's board of directors also meet in Boston, reviewing the strategy of the
new Santander US leadership team and board, reconfirming the bank's commitment to its
businesses in the U.S.
Madrid, April 26th, 2016. Banco Santander's International Advisory Board (IAB) yesterday held
its first meeting in Boston (Massachussets, USA) with a focus on digital and changing customer
expectations of their banks. They were joined by Santander executives and several members
of the Group board.
Ms. Botín said: “The calibre of the members of our International Advisory Board and the
quality of our discussion at our first meeting are testament to the strong position and strategy
of Santander. Their advice will help us deliver even better to our 122 million customer in our
core markets in the years to come.”
The purpose of Santander’s International Advisory Board is to provide strategic advice to the
Group, with a strong focus on innovation, digital transformation, cybersecurity and new
technologies. It will also deliver its insights regarding a broad variety of issues, such as capital
market trends; corporate governance and talent; brand and reputation; regulatory matters
and compliance; and global, customer-focused financial services. How to serve banking
customers in the digital age was the main topic for discussion in its first session. The IAB is
expected to meet at least twice a year.
Separately, Banco Santander’s board of directors also held a meeting today in Boston to
review the Group’s business performance and its first quarter earnings, which will be released
tomorrow, April 27th
. Ana Botín said: “The U.S. is one of Santander’s ten core markets. We are
fully focused on meeting our supervisors’ expectations and we are making progress. In the
U.S. we operate in two businesses in which Santander is a leader internationally: retail banking
and consumer finance. I am very proud of our new leadership team and an exceptional set of
new US board directors who are firmly focused on making our US bank the best for our
people, customers, shareholders and communities.”
Note to editors: Chaired by former Secretary of the U.S. Treasury Larry Summers, the International
Advisory Board has seven additional members: Sheila Bair, former chairman of the FDIC, former
member of the board of Santander and current president of Washington College; Mike Rhodin, senior
vice president at IBM Watson; Marjorie Scardino, former CEO of Pearson and member of the board of
directors of Twitter; Francisco D'Souza, CEO of Cognizant and member of the board of General Electric;
James Whitehurst, president and CEO of Red Hat; George Kurtz, CEO and co-founder of CrowdStrike,
and Charles Phillips, CEO of Infor and former president of Oracle.
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