back Back

Santander names Petri Nikkilä as global CEO of Openbank

By Gloria Methri

February 05, 2024

  • BNPL
  • Business Payments
  • Cash Flow Management

Petri Nikkilä, CEO, Openbank, Santander, Spain, FinTech
Petri Nikkilä, CEO, Openbank

Banco Santander has announced the appointment of Petri Nikkilä as the new global CEO of Openbank and head of the Digital Consumer Bank’s non-auto-consumer business.

Nikkilä succeeds Ezequiel Szafir, who was Openbank’s CEO until last year. Among his main priorities will be to lead the Openbank business in its current markets and continue to promote its international expansion. He will also manage Digital Consumer Bank’s non-auto-consumer business and the buy-now, pay-later business (including Zinia).

Nikkilä has extensive experience in the European financial sector, both in continental and in the UK, especially in digital banking. Until now, he was working in ING’s global retail digital transformation and earlier as head of Retail Banking for the Netherlands, Belgium, and Luxembourg.

Before that, he developed his career at Nordea, where he was responsible for digital transformation, as well as at HSBC. In addition, he has experience in the consumer sector, spending six years at Unilever where he led the business in Africa, the Middle East and Turkey.

A Finnish national, Nikkilä has always worked in an international environment and holds master’s degrees in Economics and Business Administration.

Ana Botín, executive chair of Banco Santander said, “Petri is an excellent addition to our team and brings a deep knowledge of financial services and a broad strategic vision in the consumer sector. In the past seven years, Openbank has expanded to become the largest digital-native bank by deposits in Europe and its technology is central to the group’s transformation. The Digital Consumer Bank is also a vital part of our strategy, allowing us to build stronger customer relationships and deliver consistent, profitable growth. We are delighted to welcome Petri to the group and we wish him every success.”

Nikkilä’s appointment will take effect in May and is subject to the appropriate regulatory approvals. Once he joins the group, he will become a member of the boards of Openbank and Santander Consumer Finance.

Previous Article

February 05, 2024

5 Core banking platforms disrupting the banking ecosystem in India

Read More
Next Article

February 06, 2024

Commercial Bank of Kuwait & Network International team to enhance digital banking

Read More

IBSi Daily News Analysis

bahrain, islamic finance

February 22, 2024


What makes Bahraini Islamic Finance industry so robust

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


MultiPay teams up with to launch Pay By Bank

Read More


UNIPaaS unveils AI payment assistant solution for SaaS platforms

Read More


Nium expands Middle East presence with Enjaz Banking Services partnership

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023