In Good Company with Nicolai Tangen

Ana Botin Executive Chair Santander: Future of banking, inflation and women in finance

9 snips
Sep 27, 2023
Ana Botin, Executive Chair of Santander, shares her remarkable journey from diverse early aspirations to becoming a leader in global finance. She discusses the future of banking, emphasizing sustainability and the balance between profits and social responsibility. Ana highlights the importance of building a cohesive corporate culture and the unique challenges women face in leadership roles. With insights on personal growth and the impact of literature, she encourages flexibility and adaptability for success in both life and career.
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ANECDOTE

Unexpected Career Path

  • Ana Botín initially dreamt of being a pro golfer, journalist, or spy, not a banker.
  • She worked at JP Morgan in the 80s before eventually joining Santander, influenced by family discussions during weekends.
INSIGHT

The Santander Way

  • Santander prioritizes "how" they achieve profits, emphasizing a simple, personal, and fair approach.
  • This benefits stakeholders and ensures long-term sustainability, crucial for a 165-year-old bank.
INSIGHT

The Evolving Role of Banks

  • Banks are still necessary but need to adapt to changing customer needs and technological disruptions.
  • Customers now want different banking experiences, like buy now, pay later, requiring banks to evolve.
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