Mr. Maldonado joined the Boards of Santander Holdings USA, Inc.; Santander Bank, N.A.; Santander Consumer USA Holdings Inc. and Santander Investment Securities, Inc. (SIS) in 2015. He was appointed to the Corporate and Investment Banking New York Advisory Board upon its inception in July 2022.

He has served as the Vice Chairman of Santander Holdings USA Inc. since October 2015 and is a member of the Nominations, Executive and Risk Committees. Mr. Maldonado is also a member of the Santander Bank, N.A. Risk and Compensation and Talent Management Committees and Santander Consumer USA Holdings Inc. Executive Committee. He served as a member of the Santander Consumer USA Holdings, Inc. Compensation, Executive and Regulatory and Compliance Oversight Committees until August 2022. Mr. Maldonado served on the SIS Board until it merged into Santander Capital Holdings LLC in February 2023.

Mr. Maldonado was appointed to the Board of Banco Santander International in 2016 where he served as a member of the Executive Committee until August 2022. From 2015 to September 2020, Mr. Maldonado served on the Santander BanCorp Board and as Chairman of its Compensation and Talent Management Committee. He also served on the Banco Santander Puerto Rico Board during that time.

Mr. Maldonado is Global Head Strategic Projects and Group Real Estate Assets at Banco Santander, S.A. Mr. Maldonado has held numerous management positions at Santander, including Senior Executive Vice President, Global Head of Cost Control, Head of the General Directorate for Coordination and Control of Regulatory Projects in the Risks Division, and Executive Committee Director and Head of Internal Control and Corporate Development for Santander UK.

Mr. Maldonado served on the Board of Alawwal Bank (formerly known as the Saudi Hollandi Bank Riyadh) from 2008 to 2019. He practiced corporate and international law for thirteen years and previously was an attorney with Baker & McKenzie and Corporate and International Law Department Head at J.Y. Hernandez- Canut Law Firm.

Mr. Maldonado received a law degree from UNED University and a law degree from Northwestern University.