Andbank appoints independent director

The Andbank group has appointed José Manuel Araluce as new independent director.

Araluce, who holds a degree in Law and Business Administration from Madrid’s Comillas Pontifical University, will be in charge of chairing Andbank’s Ethics and Compliance Committee.

Araluce has developed his professional career at Group Santander, where he has been global director of Compliance for 13 years.

Previously he was director of Strategic Planning for the global wholesale banking division and managing director in the Corporate Finance division at Santander Investment, where he developed investment banking and capital market activities.

Araluce has also extensive experience in the banking sector. He currently serves as an independent consultant specializing in regulatory compliance, corporate governance, and reputation risk.

ABOUT THE AUTHOR
Alicia Villegas
Alicia Villegas speaks Spanish and Italian and is Iberia Correspondent for InvestmentEurope. She was shortlisted for the Rising Star Award at the British Media Awards 2017 and Writer of the Year at the PPA Independent Publisher Awards 2016. Previously, she worked for almost three years at the seafood business website Undercurrent News as a market reporter. In Spain, she also worked for more than five years for several media outlets.

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