Bankinter, a Spanish lender and insurer, hired Jose Manuel Garcia de Sola, a former senior executive vice-president of Banco Santander’s Banif private bank, said to Bloomberg four people familiar with the information.
Garcia de Sola will be non-executive chairman of Bankinter’s asset management unit, which oversees 11.4 billion, said the people. Garcia de Sola left Santander six months ago after a 15-year career at the bank including 11 years at Banif, where he worked alongside Santander Chief Executive Officer Javier Marin.
At Santander, Garcia de Sola most recently led business development at Santander’s asset management unit in the U.S. for the last two years.