Santander UK's ex-CEO Botin handed $5.4 mln pay package for 2014

LONDON, Feb 25 (Reuters) - The British arm of Spanish bank Santander said it paid former Chief Executive Ana Botin a package worth 3.5 million pounds ($5.4 million) for the nine months she served in the role during 2014.

Botin was paid by Santander UK (LSE: 44RS.L - news) for the period until the end of September, after which she became chairwoman of the bank's Madrid-based parent.

Botin was paid 3.9 million pounds by Santander UK in 2013. Her successor as chief executive, Nathan Bostock, was paid a package worth 1.6 million pounds in 2014. He served as finance director before being appointed chief executive last September.

($1 = 0.6459 pounds) (Reporting by Matt Scuffham, editing by Sinead Cruise)