Santander taps consumer, commercial bankers to serve as co-presidents

Santander Bank in Boston has named two industry veterans to serve as co-presidents under CEO Scott Powell.

The $80.4 billion-asset unit of the Spanish banking giant Banco Santander said Tuesday that it has named Michael Cleary, Santander’s head of consumer and business banking, and Robert Rubino, most recently an executive vice president at rival Citizens Financial Group, to the newly created positions. Rubino was also named managing director, head of corporate and commercial banking.

Cleary joined the bank in 2015 from Citizens. He will continue to lead consumer and business banking. He also spent 13 years at JPMorgan Chase, where he held a number of leadership roles in retail, business and private banking.

Michael Cleary, Santander's head of consumer and business banking.

Rubino has 29 years of experience in commercial banking and spent 10 of those at Providence, R.I.-based Citizens, where he led corporate finance and capital markets and created or restructured 19 businesses within its commercial bank.

“The market opportunity for Santander’s corporate and commercial business remains strong,” Powell said in announcing the decision to bring on Rubino. “Bob’s significant expertise delivering growth across all aspects of commercial banking will help build on the progress we’ve seen this year and increase our competitive position in the market.”

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C-suite Commercial banking Consumer banking Santander Citizens Financial
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