Chairman’s daughter appointed Santander UK chief, say reports

Santander UK has reportedly appointed Ana Patricia Botin, daughter of Santander’s chairman, Emilio Botin, as its new head.

The BBC reports that the female Spaniard, 44, will take over from Antonio Horta-Osario when he leaves to join Lloyds banking Group as group chief executive in March next year.

Previously she has been chairman of Spanish bank, Banco Espanol de Credito and worked for seven years at JP Morgan.

In 1988, she came back to Spain and began working for the Santander Group.

Botín studied at Harvard University and graduated in Economics at Bryn Mawr College.