| Speaker |
 Mr. Edvaldo Morata
Chief of Staff to the CEO |
| Topic |
Santander: Building a Global Bank |
| Time |
5:30p.m. |
| Location |
The Carmichael Function Room, The Chase Center, Tufts University |
| Links |
Banco Santander’s Global Expansion |
Now more than ever, Santander holds a unique position in international banking with a solid base of recurrent retail commercial banking and a high degree of geographical diversification. With Sovereign Bank operating as its US subsidiary, Santander is embracing a new methodology exploring the interplay between emerging and mature markets, their existing regulatory frameworks, and regional, national and global dynamics.
Please join us in welcoming Mr. Edvaldo Morata as he sheds light on the “Santander way,” describing:
- Santander’s posture vis à vis the changing landscape of financial businesses; how the Sovereign acquisition fits into Santander’s regional and global strategies;
- Santander’s approach to integrate acquisitions and to assimilate best practices amidst global business challenges and changing market conditions; and
- The future steps Santander plans to take globally moving beyond Sovereign’s current footprint.
The Santander Group is the fourth largest bank in the world by profits and eighth by stock market capitalization. In 2009, its net ordinary profits were over EUR 8.9 billion, 1% more than the previous year, and it distributed more than EUR 4.9 billion in dividends to shareholders.
Mr. Ed Morata was appointed Chief of Staff to the CEO at Sovereign Bank in 2010. He is also a member of the SHUSA Management Executive Committee (MEC). Mr. Morata has more than 20 years experience in financial services. He joined the Santander Group in 1996. Most recently, he was Santander’s Chief Executive for Asia in Hong Kong. Previously he held a number of executive management positions including: Head of Asset Management and Private Banking in Brazil and Head of Banespa’s International Department when it was acquired by Santander in 2001. Mr. Morata was also a member of the Executive Committee of Santander Brazil. Before joining Santander, Mr. Morata worked for a number of financial institutions including American Express, ING and Citibank.
About Santander Group
The Santander Group is the fourth largest bank in the world by profits and eighth by stock market capitalization. In 2009, its net ordinary profits were over EUR 8.9 billion, 1% more than the previous year, and it distributed more than EUR 4.9 billion in dividends to shareholders.