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Santander selects next CEO in Brazil
Santander selects next CEO in Brazil Mario Leão will replace Sérgio Rial at the head of the bank in January next year
BrazilPeople Mario Leão will become CEO of Santander Brasil in January next year as Sérgio Rial moves on to become chairman of the board of the Spanish bank s subsidiary in Brazil, the bank said in a statement on Tuesday.
Leão has led corporate banking at Santander Brasil since 2015, while Rial has been CEO for almost seven years. Rial has also been Santander s regional head in South America for five years, but he will be replaced by Carlos Rey de Vicente, who is currently in charge of Santander Brasil s fin
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BRASILIA Brazilian bank Santander Brasil said on Tuesday that current Chief Executive Sergio Rial would become board chairman, while corporate banking head Mario Roberto Opice Leão will become CEO, in moves that will take effect in January.
Rial, who has been at the helm of Santander Brasil since January 2016, will also leave his position as regional head for South America. Carlos Rey de Vicente, current vice-president of finance, will replace him.
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