Santander Chairman Says Orcel Has Proven Track Record

The transcript discusses the appointment of a new CEO at Banco Santander, sparking speculation about potential mergers and acquisitions. The interview highlights the importance of a complementary team, strategic management, and building global platforms. The focus is on profitable growth, leveraging a large customer base, and achieving digital excellence. The conversation also covers capital management, financial performance, and maintaining a strong dividend policy to ensure shareholder value.

What is one of the key qualities of the new CEO of Banco Santander?

• Expertise in digital marketing

• Focus on local markets

• Experience in managing across cultures

• Background in retail banking

What is a major component of Santander's strategy for growth?

• Expanding into new geographical markets

• Increasing interest rates

• Focusing on loyal customers and digital excellence

• Reducing the number of branches

How much capital has Santander increased over the last couple of years?

• 20 billion

• 30 billion

• 46 billion

• 50 billion

What is the target capital level Santander aims to achieve?

• 10%

• 9%

• 11%

• 8%

What has Santander done regarding its dividend policy since the new CEO's arrival?

• Increased the cash dividend per share by 30%

• Eliminated cash dividends

• Maintained the same dividend per share

• Decreased the cash dividend per share