Santander Corporate & Investment Bank (Santander CIB) announces today that Mike Bagguley has joined the bank to head its Global Markets business.
Mike spent most of his over 30-year career at Barclays, where he held multiple leadership roles within the markets business, leading macro products, trading for FX, commodities or options. He was also head of the Markets Business at ABSA Bank, where he was responsible for integrating and turning the business around following Barclays’ acquisition. Most recently, he was chief operating officer of Barclays International and Barclays Investment Bank, responsible for technology, operating platforms, risks and controls with a focus on improving commercial agility.
José M. Linares, global head of Santander CIB, said: “Our Global Markets business is a strategic pillar for Santander CIB and the group. This appointment will help us leverage our global capabilities and accelerate growth. I am confident Mike is the right person to bring our Global Markets business to the next level.”
The head of Global Markets position is a newly created role, bringing together the regional Markets businesses under a single leader. Santander’s Global Markets business offers risk management solutions, investment products and execution services to a wide range of clients, including corporates, financial institutions, financial sponsors and individuals.