Santander InnoVentures today announces that Mario Aransay has been made partner of the $200M corporate venture fund of Santander Group, having spent a successful two years as head of Portfolio Partnerships.
Since joining Santander Group in 2006, Mario has amassed a wealth of investment and M&A experience holding pivotal roles within the company’s M&A, Operations and Corporate Development business divisions. He was also a founding member of a number of internal initiatives across direct e-lending, SME finance and personal finance management.
As partner, Mario will continue to lead partnership initiatives between the fund’s portfolio companies and the relevant business units within Santander Group. He is responsible for end to end delivery - from ideation to execution - with the ultimate aim of transforming the bank or serving Santander’s customers better. The job involves supporting the needs of the portfolio businesses, pooling resources and eliciting senior sponsorship within Santander Group.
Mario holds a BA in Business Administration from CUNEF and is an alumni of INSEAD Inter-Alpha Banking Programme and IE Advance Corporate Finance Programme. He is a private angel investor and a board member for a number of non-fintech initiatives.
Santander InnoVentures managing director, Mariano Belinky said: “Mario’s business operations background and experience working with growth-stage companies has made him a great fit for Santander InnoVentures. His appreciation of what it takes to realise mutual value for the bank and our portfolio companies is fantastic and we are excited by the prospect of seeing more initiatives come to fruition under his leadership.”
Commenting on his new role, Mario said: “I’m excited to be continuing both my professional and personal journey at Santander with this latest challenge. I strongly believe in the power of collaboration between banks and start-ups and see this as an opportunity to help lead the fund to even greater things. As partner, I will continue using my experience to help the fund’s portfolio companies grow and for Santander to be able to serve its customers better.”
Contributed | what does this mean?