Santander Consumer USA Holdings Inc. has named Ramamurthy Lakshmana "RL" Prasad as Chief Risk Officer, succeeding Joshua Baer, who will serve as Head of Pricing and Strategy. The appointments are effective Jan. 1, 2021. Both Mr. Prasad and Mr. Baer will continue to serve on the SC leadership team and report directly to Mahesh Aditya, President and CEO of SC. Mr. Prasad has served as SC's Deputy Chief Risk Officer since February 2020. Prior to joining SC, he served as Head of Global Payments Risk and Global Head of Risk Services for Visa Inc. In his 20+ years career Mr. Prasad has also held senior enterprise leadership roles in credit and risk at Standard Chartered Bank and Citigroup. Mr. Baer has been SC's Chief Risk Officer since February 2018, after having served as Head of Risk and Operations Strategy for Santander US. Prior to joining Santander, he spent more than 12 years at Capital One in a variety of senior leadership roles, including serving as Head of Consumer Credit Risk Analytics, and Chief Financial Officer for the Mortgage and Bank Operations and Technology lines of business. Mr. Baer also served as Chief Fiinancial Officer and Chief Operating Officer for Tambourine Inc., and worked in management and strategic consulting for GP Strategies Corporation and Accenture.