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This excerpt taken from the ABN 20-F filed Mar 31, 2008. Marta Elorza Trueba is the
Managing Board member responsible for Business Unit (BU) Latin America and
Antonveneta. Appointed to the Managing Board November 2007. Prior to the board
appointment, Marta Elorza Trueba worked for Santander Group as Deputy General
Manager of the Internal Audit Division, reporting to the General Manager. From
April 1997 to 1999 she was Managing Director responsible for control, accounting
and management information systems and for their adoption by Santander’s Latin
American banks. Marta Elorza Trueba started her career in 1981 at Arthur
Andersen S.A. She became a Company Partner in 1994 and Manager, Financial
Services in 1987, responsible for the creation, development and management of
Arthur Andersen Treasury Department. Marta Elorza Trueba is an expert in
Treasury and Strategy Planning. She holds a degree in Business and Economics,
University of Duesto, Bilboa.
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