Santander Bank announced that international banking veteran Wendy Devenish has been appointed to head the Bank’s foreign direct investment business in its Commercial Banking division. In this new role, Devenish is responsible for working with U.S. subsidiaries of foreign-owned companies that plan to expand their business operations in the U.S. She is based in New York City and reports to Robert Rubino, Santander's co-president and head of Commercial Banking.

“As part of Banco Santander, a leader in international banking, we have the resources and know-how to help our clients do business around the world,” said Rubino. “Wendy’s deep industry knowledge and nearly 30 years of experience, coupled with Santander’s robust network connectivity across Europe and Latin America, distinguishes us from our peers and gives us a competitive advantage to help new and existing foreign-owned clients grow their businesses in the U.S.”

Devenish comes to Santander from Wells Fargo where she was a senior vice president and relationship manager responsible for growing the businesses of U.S.-based subsidiaries of foreign multinational companies spanning many industry sectors. Before Wells Fargo, she was managing director and head of network client coverage at the Royal Bank of Scotland where she was based in Stamford, CT and managed teams in the Americas that developed new business opportunities for U.S., Canadian and Mexican-based subsidiaries of foreign-owned companies. 

Devenish earned a B.S. in finance from Western New England College and studied at Richmond College in the U.K. She also worked in the Netherlands and enjoys traveling with her family. A supporter of the Big Brothers Big Sisters organization, she has been a Big Sister mentor since 1984.