CEO

Mr. Murgel was a senior executive of Grupo Santander from 1990 to 2006, and member of the Executive Committee of Grupo Santander in Brasil and of the Executive Risk Committee since 1997. He was also a member of the Executive Commission of the Banca Mayorista Global (Wholesale Division) in Spain;

Since 1998, Mr. Murgel presided over the Wholesale Bank. The division was comprised of the  Treasury department, Investment Banking, Corporate Banking, Broker, Research, Asset management and Private Banking;

From March 1997 through 1998, he was responsible for the Treasury of Grupo Santander and co-Head of the Wholesale Bank;

From 1992 through 1997, he set up the first Research team of Santander in Brazil and was responsible for creating and managing the Asset Management team. From 1990 through 1992, he initiated  the Investment Banking department in Brazil;

From 1988 through 1990, he worked at NMB Bank (currently ING Bank) in Corporate Finance and from 1985 through 1988 worked at Banco Crefisul de Investimentos (Citigroup) in the  Asset Management division;

Mr. Murgel holds a B.A in Business Administration from EAESP-FGV (1986).