SantanderConsumer USA Holdings Inc. named board member William Rainer thechairman of its board.

He succeedsBlythe Masters, who vacated her seat to join parent as group senioradviser on blockchain. Pending regulatory approval, Masters also joined theboard of Openbank.

Masters is the CEO of Digital Asset Holdings LLC, a cryptocurrency firm.Openbank is the trademark of Open Bank SA, Banco Santander's digital-only bank.