CaixaBank receives the Manuel Olivencia award for good corporate governance

2023-11-21 21:06:40

CaixaBank has received the V Manuel Olivencia Award for Good Corporate Governance, which distinguishes the best governance practices of listed companies in Spain. The award ceremony was held in the Jerónimos Cloister of the Prado Museum, with the presence of José Ignacio Goirigolzarri, president of CaixaBank; José Luis Rodríguez, director of the Manuel Olivencia Prize; Matías Rodríguez Inciarte, president of the jury; Macarena Olivencia, honorary president of the jury; and Soraya Sáenz de Santamaría, member of the award jury.

In this edition the jury has highlighted CaixaBank’s transparency and accountability exercise, its relationship policy with shareholders and other interest groupslthe composition of its board of directors (in terms of diversity) and directors’ remuneration policy. In its evaluation, the jury has paid special attention to the existence and dissemination of a matrix of competencies as a tool that allows analyzing the strengths and needs in the composition of the board.

Goirigolzarri received the award on behalf of the entity and thanked him for the distinction, which highlights CaixaBank’s commitment to best practices in governance. “Excellent corporate governance based on solid principles and values ​​is an essential condition for the sustainability of any project. And that involves a professional and cohesive board that works for a common objective, with transparency, responsibility and loyalty. This award is recognition to the commitment, enthusiasm and involvement of the entity, and especially of the entire CaixaBank board, to provide itself with excellent governance, and encourages us to continue complying with the best market standards,” he highlighted.

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During his speech, at the opening and closing of the event, José Luis Rodríguez stated: “In this edition, issues related to diversity in the composition of the board of directors have been especially considered as a means to ensure a better decision-making process. , which takes into account a greater number of factors and visions, and favors a better result. This is especially necessary in an increasingly complex and changing environment like the current one.”

Soraya Sáenz de Santamaría has specified the reasons and foundations that led to the awarding of the Award to CaixaBank: “The company’s efforts to promote fluid and two-way communication with its stakeholders stand out”