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Cecabank Report 2018
About Cecabank
3 | 3.2
Remuneration Committee
The Remuneration Committee, in accordance with the contents established
in article 40 of the Articles of Association and its Regulation, is responsible
for, among other duties, making decisions related to remunerations, which
the Board of Directors must assume; reporting information on the General
Remuneration Policy of the members of the Board of Directors, general
directors or similar positions, as well as the individual remuneration and
other contractual conditions of the members of the Board of Directors who
perform executive duties, and ensuring compliance therewith; reporting
information on the Remuneration Policy of senior executives, employees
that assume risk, employees performing control functions and any employee
that receives an overall remuneration that falls within the same scale of
remuneration as applies to senior executives and employees that assume
risk, whose professional activities significantly coincide with their risk profile;
and reporting information on the incentive plans for directors or employees
linked to the bank’s profit and/or other variable indices / components.
During 2018, the Remuneration Committee met on two occasions, in which it
analysed, among other issues:
•
Modification of the procedure for reimbursing Directors their travel
expenses
•
The modification of the General Remuneration Policy
•
2017-2020 Talent management plan
Mª del Mar Sarro Álvarez
Chairperson/Independent
Santiago Carbó Valverde
Member
Jesús Ruano Mochales
Member
Fernando Conlledo Lantero
Secretary (non-member)
Composition of the
Remuneration
Committee
, at 31 December 2018: