Alvaro Morales, chief executive of Santander Private Banking UK, is moving to Miami to become chief executive of Santander Private Banking International.

Meanwhile, Alan Mathewson, director of the Bancassurance division, will take up the role of managing director of Santander Private Banking UK (onshore and offshore businesses) and Abbey for Intermediaries, a newly-created position, on 1 May.

This new position effectively combines Morales’s current role and the role of Ricky Okey, managing director of Abbey Intermediaries, who is leavingSantander.