Santander delays until the end of the year the departure of Ángel Santodomingo from its British subsidiary

Santander delays until the end of the year the departure of Ángel Santodomingo from Santander UK and lays out his new position in the group starting in 2027.

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Banco Santander has opted to postpone until the end of the year the move of Ángel Santodomingo from the financial direction of Santander UK, as detailed in the third-quarter financial report of the British subsidiary.

"Ángel Santodomingo has agreed to remain as chief financial officer and director until 31 December 2026, instead of until 31 October. Tom Ranger will be appointed chief financial officer and director on 1 January 2027", the bank said.

The entity is finalizing the definition of the new role that Santodomingo will take on within the group. When it was announced that he would leave Santander UK, it was already stated that he would move into a new responsibility starting in January 2027.

Ranger returns to Santander after having worked for two years as chief financial officer of Yorkshire Building Society. Of his 25 years of experience in the financial services sector, he has developed 17 of them at Santander UK.

Santodomingo took charge of financial management in the UK in 2023, after nine years at the Brazil subsidiary and a brief period as head of Strategy for the group and chief of staff to the chairwoman, Ana Botín.

Since 1 March, Mahesh Aditya has been serving as chief executive officer of Santander UK, replacing Mike Regnier. The latter decided to step down so that another person could lead the full integration of TSB, a process that would take longer than he was willing to remain as chief executive.