Key actions include immediate charitable contributions to support organizations focused on racial equity, new employee engagement programs, plus a multi-year financial commitment to address racial injustice in communities.

R. Martin Chávez to join the board of Banco Santander as independent director, subject to regulatory approval. Sebastian Gunningham will be appointed chairman of Santander Consumer Finance and vice chairman of Openbank, subject to regulatory approval, and become a senior advisor to the Santander group chairman on technology. Francisco D’Souza to be lead strategic advisor to the group for the development of Santander Global Platform.