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Santander creates tech-heavy advisory board

Tech - Tech heavy advisory board - SantanderCB

Former US treasury Secretary Larry Summers is to chair a new tech-focused international advisory board formed by Banco Santander. The seven-member panel includes prominent tech leaders such as Charles Phillips, the former president of Oracle and CEO of Infor, Francisco D'Souza, Chief Executive Officer of Cognizant, and Red Hat CEO Jim Whitehurst. The development follows a period of heavy investment into digital products and services over the past year by Santander. The bank's $100m InnoVentures fund has actively invested in fast-growing companies at the forefront of the fintech startup space, such as marketplace lender Kabbage and blockchain outfits Digital Asset Holdings and Ripple.

 

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