Pablo Isla, Gay de Montellà, Pallete and Isabel Gabarró join the board

Renewal of faces in the board of trustees that governs La Caixa. According to the institution, four of the foundation’s thirteen trustees will step down and be replaced by four new names. Isidre Fainé will continue to be in charge and Juan José López Burniol will be in charge, following the same board has renewed them for four more years.

The foundation is of paramount importance both for its significant holdings (it is the largest shareholder in companies such as CaixaBank and Naturgy) and for its social work, with an annual expenditure of more than 500 million euros. thirteen years. This 2022 budget will be 515 million.

Three of the people who will leave the post will be Salvador Alemany (president of Saba), César Alierta (former president of Telefónica) and Javier Solana (former secretary general of NATO), whose term ended by “temporary expiration” because he was eight years old. who were in charge. The fourth and last person to leave is Antoni Fitó, who came to the board as a representative of the Barcelona Chamber of Commerce and has only been in office for two years because that is what belonged to him in this institution, according to the statutes of this foundation.

The substitutes will be Pablo Isla (who will cease to be president of Inditex in April), Joaquim Gay de Montellà (former president of Foment del Treball and who will take up the post on behalf of this institution), José María Álvarez Pallete (president of Telefónica) and Isabel Gabarró (notary and who for years has held chairs on boards of companies in which La Caixa has a stake).

La Caixa is experiencing an important moment. On the one hand, because it has decided to return to prominence in the investments it makes, unlike what it has done in recent years, very marked by its passive and purely financial role. On the other hand, because this strategic setback must help make La Caixa less dependent on Naturgy and CaixaBank, the two companies from which La Caixa derives the vast majority of the dividends with which it finances social work.

The full board of directors of La Caixa is as follows:

President: Isidre Fainé

Vice President: Juan Jose Lopez Burniol

Patrons:

Jose Maria Alvarez Pallete

Shlomo Ben-Ami

Luis Carreras del Rincón (designated by the Spanish Red Cross)

Isabel Estapé Tous

Isabel Gabarró Miquel

Eugenio Gay Montalvo (appointed by Caritas Diocesana de Barcelona)

Joaquín Gay de Montellá Ferrer-Vidal (designated by Fomento del Treball Nacional)

Javier Godo Muntañola

Francesc Homs Ferret

Pablo Isla Alvarez de Tejera

Marc Murtra Millar

Asuncion Ortega Enciso

Arturo Santos Silva

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