Santander UK today announces the appointment of Rakshit Kapoor as Chief Data Officer for Santander UK and Head of Data Transformation for Europe.

In his UK role, Rakshit will be responsible for developing Santander’s data strategy, organization, operating model, technology, and governance. This will include leading the creation of a data and analytics center of excellence, bringing together multiple disciplines from across the bank into a single team.   

In his European role, Rakshit will partner with Santander’s other European Chief Data Officers to harmonize approaches to data and analytics across Europe, helping the region to reuse business services, share innovation and operate more efficiently. 

Rakshit brings over two decades of experience in senior data and IT roles, having most recently served as Group Chief Data Officer at HSBC, where he was responsible for the development and implementation of HSBC’s group-wide data and analytics strategy.

Prior to that, he held roles at US insurance company Travelers, where he was Global CIO for Data, Analytics, and AI/Robotic Process Automation, and at JP Morgan, where he was Managing Director, Data Management and Analytics.

Rakshit will join Santander on 1 February 2021, reporting to Iain Plunkett, Chief Operating Officer, for his UK role, and Cristina San Jose, Global Head of New Models & Data Unit, for his European role.