Corporate Governance

Board of Directors

The profiles and professional experience of the members of the Board of Directors encompass all the skills and abilities required for the effective performance of the duties with which they have been entrusted.

Miembros del Consejo de Administración

Luis María Arredondo Malo

Non-Executive Chairman

Non-Executive Independent Director at the company and Honorary Chairman of the Board of Directors. Holds a degree in Civil Engineering and graduated from the Senior Management programme at IE Business School. In 1975 Luis María Arredondo Malo was appointed General Manager of the Belgian Company Sociedad Anónima de Construcciones y Revestimientos Asfálticos (S.A.C.R.A.), a position he held up until 1978 and in 1980 he was appointed General Manager of Corporación Inmobiliaria Hispamer. Later, Luis María Arredondo Malo became Managing Director of Inmobiliaria Zabálburu, S.A. and in 1988 and Inmobiliaria Urbis in 1994. Between 2006 and 2013 he was Chairman and Managing Director of Santander Global Property. He is currently a Director at Santander Real Estate, S. A. SGIIC, the managing company of Santander Banif Inmobiliario’s real estate investment fund.

 

Luis López de Herrera-Oria

Executive Deputy-Chairman

CEO of Axiare Patrimonio. Luis Alfonso López de Herrera-Oria has more than 25 years of experience in the real estate sector. He was Director of Prima Inmobiliaria, S.A. (currently Testa Inmuebles en Renta, S.A) from 1986 to 2002. Over this period of time Prima was admitted to trading on the Madrid Stock Exchange (1988) and in 1990 became the largest real estate company in Spain. Subsequently, Luis Alfonso López de Herrera-Oria founded Rodex in 2002 with a small team of former members of Prima Inmobiliaria (currently Testa). In 2007 Rodex’s core business line was transferred to Alza Real Estate, S.A., which up until recently López de Herrera-Oria was Chairman and CEO until Axia Real Estate Socimi, S.A. was incorporated, he remains a Non-Executive Director at the company. Luis Alfonso López de Herrera-Oria is an independent advisor at investment funds such as Falcon II Real Estate, founded by Morgan Stanley and CBRE, and he is also a Director of iAdvise Partners EAFI, S.L. Luis Alfonso López de Herrera-Oria graduated in Economic Sciences from the Universidad Complutense of Madrid.

 

Fernando Bautista Sagüés

Independent Director

Independent Director at Axiare Patrimonio. Graduated in Law from the Universidad de Deusto and holds a degree in Economic and Business Sciences from ICADE, he has also been a member of the Madrid Bar Association since 1981. Fernando Bautista Sagües became a partner in the law firm J&A Garrigues in 1989 and after its merger with Arthur Andersen, he became a partner of Arthur Andersen Worldwide in 1996. Two years later, in 1998, Fernando Bautista Sagües was appointed partner of Freshfields. He currently works as an independent legal adviser on matters regarding corporate and finance law, is Director of Abante Asesores. S.A., is Secretary of the Corporate Social Responsibility Committee at Iberdrola, S.A. and is a board member of the financial social network Unience.

 

David Jiménez-Blanco Carrillo de Albornoz

Independent Director

Independent Director at Axiare Patrimonio. David holds a degree in Business Economics from CUNEF. David Jiménez-Blanco Carrillo de Albornoz worked in Goldman Sachs International between 1995 and 2006, managing the European Industrial Clients Group and the Investment Banking teams in Spain and Portugal. David Jiménez-Blanco Carrillo de Albornoz was the President of Merrill Lynch Capital Markets España, S.A., Sociedad de Valores, between 2006 and 2009, being Head of the Investment Banking Operating Committee for EMEA (Europe, Middle East and Africa). Between 2010 and 2013 he was a partner at BK Partners, an investment management company focused on direct investment in Mexico. David Jiménez-Blanco Carrillo de Albornoz is currently Chief Financial Officer (CFO) of the World Duty Free SpA (WDF) Group, a company listed in the Milan.

 

Chetan Gulati

Non-Independent Director

Non-Independent Director at Axiare Patrimonio. Chetan Gulati is the Executive Director of Perry Capital UK LLP. He joined Perry Capital in July 2010 and is currently the Managing Director of the London office, where he applies various investment strategies across the whole of Europe (equity, debt and structured debt). Prior to carrying out his current role in London, Gulati worked as a Senior Analyst at Perry Capital, LLC in New York from January 2007 to July 2010. Chetan Gulati began his professional career in the law firm Wachtell, Lipton, Rosen & Katz in 2002 and worked there until 2006, focusing on the corporate finance and bankruptcies areas, where he took part in various financing transactions, as well as in various bankruptcy and winding-up proceedings. He holds a degree in Law from Yale Law School and a degree in Biology and Political Sciences from the University of Rochester.

Board Committees

AUDIT COMMITTEE AND CONTROL

President: D. David Jiménez-Blanco Carrillo de Albornoz

Members: D. Luis María Arredondo Malo y D. Chetan Gulati.

Non-Executive Secretary: D. Iván Azinovic Gamo

 

NOMINATION AND REMUNERATION COMMITTEE

President: D. Fernando Bautista Sagüés

Members: D. David Jiménez-Blanco Carrillo de Albornoz y D. Chetan Gulati.

Non-Executive Secretary: D. Iván Azinovic Gamo

 

INVESTMENT COMITEE

Chairman: Alfonso López de Herrera-Oria

Members:

Guillermo Fernández-Cuesta Laoborde

Fernando Arenas Liñán

Stuart William McDonald

Chetán Gulati

Secretary: Iván Azinovic Gamo

 

Board of Directors’ Regulations

Board of Director’s regulations.

Corporate Governance Reports

Date

Document

 Download Pdf
23/02/2015

Axiare Patrimonio 2014 Coporate Governance Report

 pdf 570 Kb

 

Annual Directors’ Remuneration Report

Date Document  Download Pdf
23/02/2015

2014 Annual Director’s Remuneration Report

 pdf 45 Kb

 

Internal Rules of Conduct

Internal Rules of Conduct.