Marty Chavez, the former Goldman Sachs executive at the heart of its move to digitise its investment bank, is joining the board of Spanish bank Santander as it embarks on its own technological transformation.

Chavez, who retired from Goldman Sachs in September, will become an independent director at Santander as the bank looks to digitise its operations. He will replace Esther Gimenez-Salinas, who is stepping down after eight years on the board, and his appointment comes alongside that of Sebastian Gunningham as chair of its consumer finance arm and Francesco D’Souza as a strategic adviser to the group, the bank said in a statement.