Spain’s prime minister, Pedro Sánchez, presided over the opening ceremony of the 5th Universia International Rectors Summit. The summit is attended by 700 rectors who come from 14 countries and represent 14 million students.

Banco Santander is to appoint Christiana Riley as regional head of North America. Ms. Riley will join the bank on 1 October, subject to regulatory approval, and will be responsible for all the bank’s businesses in the US and Mexico, with the respective country heads, Tim Wennes and Felipe García Ascencio, reporting to her.