Santander has appointed Alejandro Garcia Val as head of energy commodities.

Based in Madrid, he joins the bank from Natixis, where he held various management positions within commodity finance roles for over a decade, including head of commodity finance for the Mercosur region (Argentina, Brazil, Paraguay and Uruguay), and most recently, as head of reserve-based lending.

“We are very happy to have Alex on board. Santander is broadening its commodities product offer and Alex’s deep knowledge of the energy sector combined with his wide experience with the different commodity structures will be instrumental in developing these products,” says Rogier Schulpen, global head of commodity finance at the bank.