Santander Group announced that Ana Botín, executive chairman of Banco Santander, is joining the boards of directors of Santander Holdings USA, Inc. and Santander Bank, N.A., effective Oct. 21. The appointments are subject to regulatory approval.

“We welcome Ana to our boards and know she will add tremendous value and perspective to our work,” Tim Ryan, chairman of both boards, said in a statement. “While we work with Ana regularly today, having her more deeply involved in the boards’ deliberations will support our continued goal of helping people and businesses prosper in the US.”

Santander Holdings USA is part of the Santander Group, which serves over 140 million customers across Europe, North America and South America.

“Our team in the US is making outstanding progress in transforming the business and improving customer service, and in the last two years they have achieved a number of important milestones,” Botín said in a statement. “The US has been the fastest growing of all our markets in recent quarters, growing underlying profit by 42 percent in 2018, and 30 percent in the first half of 2019. We have more to do and see significant opportunities for further growth, and I’m looking forward to working even more closely with our Boards and management team in this country.”