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Santander's Vice Chair under fire for 'botched' recruitment efforts


Executive Grapevine | Executive Grapevine International Ltd

Santander's Vice Chair under fire for 'botched' recruitment efforts

Santander’s Vice Chair has come under fire for a ‘botched’ attempt to hire a new boss at the bank amid a sexism storm linked to his other company – This is Money reports.

Bruce Carnegie-Brown – who also serves as the Chairman at Lloyd’s of London - orchestrated a plan to hire investment banker Andrea Orcel to head Santander. However, the offer was quickly withdrawn earlier this year after the bank deemed Orcel’s ‘golden hello’ offer of more than £34million unacceptable.

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