Banco Santander has announced a new appointment for strategic equity. The firm has announced the hire of a former Barclays Plc banker to lead its strategic equity department. Fabrizio Giordano, who spent more than 18 years in senior roles at Barclays Plc, is set to join the Spanish bank as head of strategic equity for Europe, the Middle East and Africa.

Giordano left Barclays Plc last year. In the new position, he will continue to be based in London.