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Fátima Báñez will join the board of Iberdrola’s US subsidiary

Fatima Banez, former Minister of Employment and Social Security in Mariano Rajoy’s government and current chair of the CEOE Employers’…

By admin , in news , at June 3, 2022

Fatima Banez, former Minister of Employment and Social Security in Mariano Rajoy’s government and current chair of the CEOE Employers’ Union Foundation, will become the new director of avangridAmerican subsidiary of Iberdrola.

Banez’s offer as a director appears in the call for Avangrid’s general shareholders meeting, which is sent to the US regulator (SEC) and which will be held on July 20. Boston,

two proposals

The former minister is one of two new members proposed to occupy a seat on the US subsidiary’s governing body, as the other twelve, including Iberdrola’s chairman, Ignacio Sanchez GalanWill repeat as consultants.

This is not the first time that Banez, 55, has held a position within the structure of the Iberdrola Group, as she has been an independent director of Iberdrola. Mexico From September 2020, however, he has relinquished this seat in the same month of June.

In its offer to its shareholders, avangrid A graduate in Law and Business Administration from the Universidad Pontificia de Comillas-ICADE and an MBA from Harvard University highlights de Banez, who “brings experience in executive leadership, including his experience as Minister of Employment and Social Security for the Government of Spain Has a global business perspective and extensive experience in government relations, economic development, public policy and human capital management.”

Other appointments

With Banez, there will be another new addition to Avangrid’s board Camille Joseph Varlock46, who has served as a founding partner and chief operating officer of the law firm Bradford Edwards & Werlock, LLP.

Avangrid has recently appointed peter zagra Blazquez, then Director of Corporate Development at Iberdrola, as the new CEO, taking over from Denis Arriola.

Fátima Báñez will join the board of Iberdrola’s US subsidiary

2022-06-03 12:38:28