Santander Bank recently unified its commercial & industrial business and its commercial real estate & vehicle financing business into one Commercial Bank in the United States under the leadership of Michael Lee. Mike joined Santander in 2009, and most recently served as Managing Director and Head of Commercial Real Estate & Vehicle Finance. He will continue to report to Tim Wennes, Santander US CEO and Country Head, and Santander Bank President and CEO. In his expanded role as Senior Executive Vice President and Managing Director of Commercial Banking, Mike will oversee and provide strategic direction for the Bank’s commercial real estate construction business, community development finance and investments, commercial equipment and vehicle finance, international banking, middle market & corporate banking, multifamily term lending, not-for-profit and government banking, and treasury and deposit banking. The new combined, client-centric organization is a natural extension of the broader Santander US strategy to simplify its structure and processes, transform the way it serves clients and deliver sustained, profitable growth.
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