Changes in governance

PAST

Actual Governance

NEW STRUCTURE

Presidency
An independent director will preside over all of the Board’s committees and the Fonds’ Special Investment Boards. 

Composition
All the Board’s committees and the Special Investment Boards will be composed of a majority of independent directors, except for the audit committee, which will be composed exclusively of independent directors.

Furthermore, to increase the power of its Special Investment Boards, the amount above which an investment must be submitted to the Board of Directors will been increased.


New Governance