Santander Bank announced that it has expanded its Commercial Banking presence in the Southeast region and has named Fred Aldin as market director for Southeast commercial banking to lead the expansion. Santander also named Alex Terzi as head of Southeast foreign direct investment banking. The Commercial Banking Southeast office is based in Miami and serves clients and prospects in the surrounding states.    

Robert Rubino, Santander Bank’s co-president and head of Commercial Banking, said, “We continue to make significant investments to support our growing commercial business in the U.S. Our growth strategy relies on experienced leaders who consistently bring valuable ideas to clients based on our international, industry and corporate finance knowledge. Fred and Alex’s demonstrated track record of consistently delivering value-added solutions to clients make them the perfect fit for these roles. I look forward to Santander helping more clients thrive as we become a trusted advisor and life-cycle financial partner to more companies in the Southeast.”

This investment underscores Santander Bank’s ongoing commitment to adding resources in markets that align with its unique and distinct value proposition in the U.S., Europe and Latin America. In 2018, Santander Bank expanded its Commercial Banking presence in the Southeast, Northeast, Midwest and Southwest United States. Santander Private Banking International, a subsidiary of Banco Santander S.A., is also based in Miami. 

Fred Aldin has more than 20 years of commercial banking experience. He relocated to expand Santander Bank’s mid-corporate banking capabilities in the Southeast region after three years in New York where he onboarded the Bank’s U.S. corporate clients with a presence in Latin America and Europe. Prior to joining Santander, Fred worked in the sponsor finance group at CIT where he increased the firm’s private equity client base. He also held several senior roles at WestLB, where he was instrumental in building out the bank’s leveraged finance and structured finance capabilities. 

Alex Terzi is responsible for working with U.S. subsidiaries of foreign-owned companies that plan to expand their business operations in the Southeast region. Alex has 20 years of extensive experience in all aspects of corporate and investment banking in multiple sectors on an international scale. He has a history of delivering significant growth by building cross-border business channels that result in sustained growth. Alex joins Santander from Wells Fargo Bank where he was a senior vice president in the global banking division responsible for building out the bank’s Latin America initiative. Prior to working for Wells Fargo, Alex served as vice president at BNP Paribas, Wachovia Bank, and Itaú Unibanco in a variety of senior roles in the U.S. and overseas.