Board committees

Composition

The executive committee consists of seven directors, five of them are external directors, the majority being independent, and two are executive directors.

POSITIONNAMECATEGORYAPPOINTED ON
ChairAna BotínExecutive11/12/1989(1)
MembersHector GrisiExecutive01/01/2023
Bruce Carnegie-BrownIndependent12/02/2015
José Antonio ÁlvarezOther external 13/01/2015
Luis IsasiOther external20/05/2020
Ramiro MatoIndependent28/11/2017
Belén RomanaIndependent01/07/2018
SecretaryJaime Pérez Renovales
1. Committee chair since 10 September 2014.

Functions

The executive committee is regulated in article 51 of the Bylaws and in article 16 of the Rules and Regulations of the Board of Directors. It has delegated all the powers of the board of directors, except those which may not be legally delegated or the ones that cannot be delegated under the provisions of the Bylaws or the Rules and Regulations of the Board.

Composition

The audit committee consists of six independent directors. All of them have been appointed by the board of directors taking into account their knowledge, qualifications and experience in the areas of finance, accounting, auditing, internal control, information technology, business or risk management.

POSITIONNAMECATEGORYAPPOINTED ON
ChairPamela WalkdenIndependent29/10/2019(1)
MembersHomaira AkbariIndependent26/06/2017
Henrique de CastroIndependent21/10/2019
Germán de la Fuente Independent21/04/2022
Ramiro MatoIndependent28/11/2017
Belén RomanaIndependent22/12/2015
SecretaryJaime Pérez Renovales
1. Committee chair since 26 April 2020.

Functions

The functions of the audit committee are described in article 52 of the Bylaws and are developed in greater detail in article 17 of the Rules and Regulations of the Board of Directors.

Composition

The nomination committee consists of four independent directors. All of them have been appointed by the board of directors taking into account their’ knowledge, qualifications and experience in the areas for which the committee is responsible.

POSITIONNAMECATEGORYAPPOINTED ON
ChairBruce Carnegie-BrownIndependent12/02/2015(1)
MembersSol DaurellaIndependent23/02/2015
Gina Díez BarrosoIndependent22/12/2021
Glenn HutchinsIndependent20/12/2022
SecretaryJaime Pérez Renovales
1. Committee chair since 12 February 2015.

Functions

The functions of the nomination committee are described in article 53 of the Bylaws and are developed in greater detail in article 18 of the Rules and Regulations of the Board of Directors.

Composition

The remuneration committee consists of five external directors, being independent four of its members, including its chair. All of them have been appointed by the board of directors taking into account their’ knowledge, qualifications and experience in the areas for which the committee is responsible.

POSITIONNAMECATEGORYAPPOINTED ON
ChairBruce Carnegie-BrownIndependent12/02/2015(1)
MembersSol DaurellaIndependent23/02/2015
Henrique de CastroIndependent29/10/2019
Glenn HutchinsIndependent20/12/2022
Luis IsasiOther external19/05/2020
SecretaryJaime Pérez Renovales
1. Committee chair since 12 February 2015.

Functions

The functions of the remuneration committee are described in article 54 of the Bylaws and are developed in greater detail in article 19 of the Rules and Regulations of the Board of Directors.

Composition

The risk supervision, regulation and compliance committee consists of five external directors, being independent four of its members, including its chair. All of them have been appointed by the board of directors taking into account their’ knowledge, qualifications and experience in the areas for which the committee is responsible.

POSITIONNAMECATEGORYAPPOINTED ON
ChairBelén RomanaIndependent28/10/2016(1)
Members
Germán de la FuenteIndependent01/01/2023
Luis IsasiOther external19/05/2020
Ramiro MatoIndependent28/11/2017
Pamela WalkdenIndependent01/05/2021
SecretaryJaime Pérez Renovales
1. Committee chair since 1 April 2021.

Functions

The functions of the risk supervision, regulation and compliance committee are described in article 54 bis of the Bylaws and are developed in greater detail in article 20 of the Rules and Regulations of the Board of Directors.

Composition

The responsible banking, sustainability and culture committee consists of five independent directors. All of them have been appointed by the board of directors taking into account their knowledge, qualifications and experience in the areas for which the committee is responsible.

POSITIONNAMECATEGORYAPPOINTED ON
ChairRamiro MatoIndependent01/07/2018(1)
MembersHomaira AkbariIndependent01/07/2018
Sol DaurellaIndependent01/07/2018
Gina Díez BarrosoIndependent31/01/2023
Belén RomanaIndependent01/07/2018
SecretaryJaime Pérez Renovales
1. Committee chair since 1 July 2018.

Functions

The functions of the responsible banking, sustainability and culture committee are described in article 54 ter of the Bylaws and the characteristics in greater detail in article 21 of the Rules and Regulations of the Board of Directors.

Composition

The innovation and technology committee consists of eight directors, six of them are external directors, the majority being independent, and two are executive. All of them have been appointed by the board of directors taking into account their knowledge, qualifications and experience in the areas for which the committee is responsible.

POSITIONNAMECATEGORYAPPOINTED ON
ChairAna BotínExecutive23/04/2007(1)
Members
Homaira AkbariIndependent27/09/2016
José Antonio ÁlvarezOther external23/02/2015
Bruce Carnegie-BrownIndependent23/02/2015
Henrique de CastroIndependent23/07/2019
Hector GrisiExecutive01/01/2023
Glenn HutchinsIndependent20/12/2022
Belén RomanaIndependent19/12/2017
SecretaryJaime Pérez Renovales
1. Committee chair since 19 April 2022.

Functions

The functions of the innovation and technology committee are described in detail in article 22 of the Rules and Regulations of the Board of Directors.