{"id":392259,"date":"2020-12-02T17:33:17","date_gmt":"2020-12-02T22:33:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=392259"},"modified":"2020-12-02T17:33:17","modified_gmt":"2020-12-02T22:33:17","slug":"santander-consumer-usa-names-rl-prasad-as-chief-risk-officer-and-joshua-baer-as-head-of-pricing-and-strategy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-consumer-usa-names-rl-prasad-as-chief-risk-officer-and-joshua-baer-as-head-of-pricing-and-strategy\/","title":{"rendered":"Santander Consumer USA Names RL Prasad as Chief Risk Officer and Joshua Baer as Head of Pricing and Strategy"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">DALLAS<\/span>, <span class=\"xn-chron\">Dec. 2, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Santander Consumer <span class=\"xn-location\">USA<\/span> Holdings Inc. (NYSE: SC) (&#8220;SC&#8221; and &#8220;the Company&#8221;), has named Ramamurthy Lakshmana &#8220;RL&#8221; Prasad as Chief Risk Officer, succeeding <span class=\"xn-person\">Joshua Baer<\/span>, who will serve as Head of Pricing and Strategy. The appointments are effective <span class=\"xn-chron\">Jan. 1, 2021<\/span>. 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. <\/p>\n<p>&#8220;I am pleased to announce RL&#8217;s and Josh&#8217;s new roles on the SC management team,&#8221;\u00a0said Mahesh Aditya. &#8220;RL has worked closely with Josh over the last year, and brings tremendous industry and institutional experience to our risk organization. Josh&#8217;s unique understanding of how to operate a robust pricing and strategy team within risk standards for large financial institutions will be a strength for us. These changes demonstrate our ability to leverage the strong talent pool we have built in the organization.&#8221;<\/p>\n<p>Mr. Prasad has served as SC&#8217;s Deputy Chief Risk Officer since <span class=\"xn-chron\">February 2020<\/span>. Prior to joining SC, he served as Head of Global Payments Risk and Global Head of Risk Services for Visa Inc. In his 20+ year<s>s<\/s> career Mr. Prasad has also held senior enterprise leadership roles in credit and risk at Standard Chartered Bank and Citigroup. He earned his MBA at Bharathidasan Institute of Management, Trichy, and earned a bachelor&#8217;s degree in commerce and economics from Madras University.<\/p>\n<p>Mr. Baer has been SC&#8217;s Chief Risk Officer since <span class=\"xn-chron\">February 2018<\/span>, 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. He earned his MBA from <span class=\"xn-org\">University of California, Berkeley<\/span>, and earned a bachelor&#8217;s degree in finance from <span class=\"xn-org\">James Madison University<\/span>. \u00a0\u00a0<\/p>\n<p>\n        <b>About Santander Consumer <span class=\"xn-location\">USA<\/span> Holdings Inc.<\/b>\n      <\/p>\n<p>Santander Consumer <span class=\"xn-location\">USA<\/span> Holdings Inc. (NYSE: SC) (&#8220;SC&#8221;) is a full-service consumer finance company focused on vehicle finance, third-party servicing and\u00a0delivering superior service to our more than 3.1 million customers across the full credit spectrum. SC, which began originating retail installment contracts in 1997, had an average managed asset portfolio of approximately <span class=\"xn-money\">$63 billion<\/span> (for the third quarter ended <span class=\"xn-chron\">September 30, 2020<\/span>), and is headquartered in <span class=\"xn-location\">Dallas<\/span>. (<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3000842-1&amp;h=829681353&amp;u=http%3A%2F%2Fwww.santanderconsumerusa.com%2F&amp;a=www.santanderconsumerusa.com\" rel=\"nofollow noopener noreferrer\">www.santanderconsumerusa.com<\/a>)<\/p>\n<p>\n        <b>CONTACTS:<br \/><\/b><br \/>\n        <b>Santander US Investor Relations<\/b><br \/>\n        <b><br \/>\n          <br \/>\n        <\/b><br \/>\n        <span class=\"xn-person\">Evan Black<\/span><br \/>\n        <br \/>800.493.8219<br \/><a target=\"_blank\" href=\"mailto:InvestorRelations@santanderconsumerusa.com\" rel=\"nofollow noopener noreferrer\">InvestorRelations@santanderconsumerusa.com<\/a><\/p>\n<p>\n        <b>Santander US Media Relations<\/b><br \/>\n        <br \/>\n        <span class=\"xn-person\">Laurie Kight<\/span><br \/>\n        <br \/>214.801.6455<br \/><a target=\"_blank\" href=\"mailto:mediarelations@santander.us\" rel=\"nofollow noopener noreferrer\">mediarelations@santander.us<\/a><\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA11381&amp;sd=2020-12-02\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/santander-consumer-usa-names-rl-prasad-as-chief-risk-officer-and-joshua-baer-as-head-of-pricing-and-strategy-301185172.html\">http:\/\/www.prnewswire.com\/news-releases\/santander-consumer-usa-names-rl-prasad-as-chief-risk-officer-and-joshua-baer-as-head-of-pricing-and-strategy-301185172.html<\/a><\/p>\n<p>SOURCE  Santander Consumer <span class=\"xn-location\">USA<\/span> Holdings Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA11381&amp;Transmission_Id=202012021730PR_NEWS_USPR_____DA11381&amp;DateId=20201202\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire DALLAS, Dec. 2, 2020 \/PRNewswire\/ &#8212;\u00a0Santander Consumer USA Holdings Inc. (NYSE: SC) (&#8220;SC&#8221; and &#8220;the Company&#8221;), has named Ramamurthy Lakshmana &#8220;RL&#8221; 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. &#8220;I am pleased to announce RL&#8217;s and Josh&#8217;s new roles on the SC management team,&#8221;\u00a0said Mahesh Aditya. &#8220;RL has worked closely with Josh over the last year, and brings tremendous industry and institutional experience to our risk organization. Josh&#8217;s unique understanding of how to operate a robust &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/santander-consumer-usa-names-rl-prasad-as-chief-risk-officer-and-joshua-baer-as-head-of-pricing-and-strategy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Santander Consumer USA Names RL Prasad as Chief Risk Officer and Joshua Baer as Head of Pricing and Strategy&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-392259","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Santander Consumer USA Names RL Prasad as Chief Risk Officer and Joshua Baer as Head of Pricing and Strategy - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/santander-consumer-usa-names-rl-prasad-as-chief-risk-officer-and-joshua-baer-as-head-of-pricing-and-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Santander Consumer USA Names RL Prasad as Chief Risk Officer and Joshua Baer as Head of Pricing and Strategy - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire DALLAS, Dec. 2, 2020 \/PRNewswire\/ &#8212;\u00a0Santander Consumer USA Holdings Inc. (NYSE: SC) (&#8220;SC&#8221; and &#8220;the Company&#8221;), has named Ramamurthy Lakshmana &#8220;RL&#8221; 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. &#8220;I am pleased to announce RL&#8217;s and Josh&#8217;s new roles on the SC management team,&#8221;\u00a0said Mahesh Aditya. &#8220;RL has worked closely with Josh over the last year, and brings tremendous industry and institutional experience to our risk organization. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-consumer-usa-names-rl-prasad-as-chief-risk-officer-and-joshua-baer-as-head-of-pricing-and-strategy\/","og_locale":"en_US","og_type":"article","og_title":"Santander Consumer USA Names RL Prasad as Chief Risk Officer and Joshua Baer as Head of Pricing and Strategy - Market Newsdesk","og_description":"PR Newswire DALLAS, Dec. 2, 2020 \/PRNewswire\/ &#8212;\u00a0Santander Consumer USA Holdings Inc. (NYSE: SC) (&#8220;SC&#8221; and &#8220;the Company&#8221;), has named Ramamurthy Lakshmana &#8220;RL&#8221; 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. &#8220;I am pleased to announce RL&#8217;s and Josh&#8217;s new roles on the SC management team,&#8221;\u00a0said Mahesh Aditya. &#8220;RL has worked closely with Josh over the last year, and brings tremendous industry and institutional experience to our risk organization. Josh&#8217;s unique understanding of how to operate a robust &hellip; Continue reading \"Santander Consumer USA Names RL Prasad as Chief Risk Officer and Joshua Baer as Head of Pricing and Strategy\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-consumer-usa-names-rl-prasad-as-chief-risk-officer-and-joshua-baer-as-head-of-pricing-and-strategy\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-02T22:33:17+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA11381&amp;sd=2020-12-02","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-consumer-usa-names-rl-prasad-as-chief-risk-officer-and-joshua-baer-as-head-of-pricing-and-strategy\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-consumer-usa-names-rl-prasad-as-chief-risk-officer-and-joshua-baer-as-head-of-pricing-and-strategy\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Santander Consumer USA Names RL Prasad as Chief Risk Officer and Joshua Baer as Head of Pricing and Strategy","datePublished":"2020-12-02T22:33:17+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-consumer-usa-names-rl-prasad-as-chief-risk-officer-and-joshua-baer-as-head-of-pricing-and-strategy\/"},"wordCount":470,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-consumer-usa-names-rl-prasad-as-chief-risk-officer-and-joshua-baer-as-head-of-pricing-and-strategy\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA11381&amp;sd=2020-12-02","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-consumer-usa-names-rl-prasad-as-chief-risk-officer-and-joshua-baer-as-head-of-pricing-and-strategy\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/santander-consumer-usa-names-rl-prasad-as-chief-risk-officer-and-joshua-baer-as-head-of-pricing-and-strategy\/","name":"Santander Consumer USA Names RL Prasad as Chief Risk Officer and Joshua Baer as Head of Pricing and Strategy - 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