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Corporate Governance
Composition
As provided by Article 36.1 of the By-Laws and Article 9 of the Regulations of the Board [PDF], the Board of Directors shall be composed of a minimum of nine (9) Directors and a maximum of fifteen (15). The current number of the members of the Board of Directors is set at fourteen (14).
The Board is currently composed of the following Directors:
| Title | Date of first appointment | Date of last appointment | Type of Director | |
|---|---|---|---|---|
| Mr. José Ignacio Sanchez Galán [PDF] (1) | Chairman & Chief Executive Officer | 21-05-2001 | 26-03-2010 | Executive |
| Mr. Víctor de Urrutia Vallejo [PDF] (1) | Vice Chairman | 17-02-1978 | 26-03-2010 | External Independent |
| Mr. Ricardo Álvarez Isasi [PDF] (2) | Member | 18-10-1990 | 26-03-2010 | External Independent |
| Mr. José Ignacio Berroeta Echevarría [PDF] (1) (3) | Member | 10-05-1993 | 26-03-2010 | External Independent |
| Mr. Julio de Miguel Aynat [PDF] (2) | Member | 29-10-2003 | 26-03-2010 | External Independent |
| Mr. Sebastián Battaner Arias [PDF] (2) | Member | 26-05-2004 | 26-03-2010 | External Independent |
| Mr. Xabier de Irala Estévez [PDF] (1) | Member | 20-04-2005 | 29-03-2007 | External Proprietary (BBK) |
| Mr. Iñigo Víctor de Oriol Ibarra [PDF] | Member | 26-04-2006 | 29-03-2007 | External Independent |
| Ms. Inés Macho Stadler [PDF] (3) | Member | 07-06-2006 | 29-03-2007 | External Independent |
| Mr. Braulio Medel Cámara [PDF] | Member | 07-06-2006 | 29-03-2007 | External Independent |
| Mr José Luis Olivas Martínez [PDF] (1) | Member | 24-07-2007 | 24-07-2007 | External Proprietary (Bancaja) |
| Ms. Samantha Barber [PDF] | Member | 31-07-2008 | 31-07-2008 | External Independent |
| Ms. María Helena Antolín Raybaud [PDF] | Member | 26-03-2010 | 26-03-2010 | External Independent |
| Mr. Santiago Martínez-Lage [PDF] (3) | Member | 26-03-2010 | 26-03-2010 | External Independent |
The Secretary of the Board of Directors and General Secretary of the Company is Mr. Julián Martínez-Simancas Sánchez.
The Counsel to the Company is Mr. Federico San Sebastián Flechoso.
Since their first appointments, as mentioned above, all Directors have served in their positions for consecutive terms.
The following link provides information of the interest held by the Board of Directors in the share capital.
| Director | Significant shareholder | Relationship with the significant shareholder |
|---|---|---|
| Mr. Xabier de Irala Estévez [PDF] | Bilbao Bizkaia Kutxa | Director appointed at the proposal of BBK |
| Mr. José Luis Olivas Martínez [PDF] | Caja de Ahorros de Valencia, Castellón y Alicante, Bancaja | Chairman of Bancaja |
