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Santander's CIB head for Spain, Portugal to leave; UBS to elect 2 board members


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Santander's CIB head for Spain, Portugal to leave; UBS to elect 2 board members

S&P Global Market Intelligence presents a daily roundup of management and board changes at financial institutions in Europe. This feature excludes C-level leadership changes and previously reported stories.

Banco Santander

* Gabriel Alonso, corporate and investment bank head for Portugal and Spain at Banco Santander SA, plans to step down and leave the Spanish lender, Reuters reported, citing a source close to the matter.

Alonso will remain in his post until a replacement is named, according to the source.

UBS Group

* The board of directors of UBS Group AG will nominated Nathalie Rachou and Mark Hughes for election to the board at the Swiss lender's annual general meeting on April 29.

Meanwhile, board members David Sidwell and Isabelle Romy will not stand for re-election, having served 12 years and eight years, respectively.

Capital Transmission

* Swiss private equity firm Capital Transmission SA on Jan. 1 named Frédéric Tixier managing director.

Tixier, who served as an investment director at the company, succeeds Virginie Fauveau, who was appointed as head of the corporate division and member of the executive board of parent company Banque Cantonale de Genève.

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