Santander Appoints PayPal Veteran Nitin Prabhu to Head Digital Consumer Bank
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Banco Santander has appointed Nitin Prabhu, a former PayPal executive, as the global head of its Digital Consumer Bank. Prabhu will oversee the auto and consumer business globally, including the digital bank Openbank.
December 11, 2024 | 8:15 pm
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Nitin Prabhu, a former PayPal executive, has been appointed as the global head of Banco Santander's Digital Consumer Bank.
The appointment of a former PayPal executive to a significant role at Santander may not directly impact PayPal's stock price in the short term, but it highlights the movement of talent from PayPal to other major financial institutions.
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