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Cecabank Report 2018
About Cecabank
Board of Directors
Operation and related issues
Cecabank’s Board of Directors has the widest powers to administer the entity
and, except in matters reserved to the General Shareholders Committee in
accordance with the provisions established in the applicable law and Articles
of Association, it is the
highest decision-making body and responsible for
the risks assumed by the institution.
At 31 December 2018,
Cecabank’s Board of Directors
was made up of:
Name of the Board Member
Position
Status
D. Manuel Azuaga Moreno
Chair
External Proprietary
D. Antonio Ortega Parra
Member
External Proprietary
D. Francisco Javier Garcia Lurueña
Member
External Proprietary
D. Jesús Ruano Mochales
Member
External Proprietary
D. Francisco Botas Ratera
Member
External Proprietary
D. Victor Manuel Iglesias Ruiz
Member
External Proprietary
D. Javier Pano Riera
Member
External Proprietary
D. José Manuel Gómez de Miguel
Member
Non-executive director (independent)
Dª María del Mar Sarro Álvarez
Member
Non-executive director (independent)
D. Santiago Carbó Valverde
Member
Non-executive director (independent)
Dª Julia Salaverría Monfort
Member
Non-executive director (independent)
Dª Carmen Motellón García
Member
Non-executive director (independent)
D. José María Méndez Álvarez-Cedrón
Board member - CEO
Executive
D. Fernando Conlledo Lantero
Non-member Secretary
-
According to the Articles of Association, the Board must hold at least six
meetings a year, called by the Chairman.
In 2018
the Board of Directors met on twelve occasions,
at the Chairman’s
initiative, and they analysed, among other matters:
•
Monitoring of the 2017-2020 Strategic Plan
•
Monitoring of each line of business
•
Monitoring of the income statement and balance sheet
•
Growth options of the Securities Services business
•
The creation of a capitalisation reserve
•
The annual suitability assessment of Directors and the Board of Directors
as a whole
•
Appointment of the Board’s Chairman and a Proprietary director
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