Corporate governance
Corporate governance
The State, through the FROB, owns more than 50% of the capital of Sareb, which is incorporated as a public limited company. Although the company is not listed on the stock exchange, it follows the rules of good governance approved by the National Exchange and Securities Commission (CNMV).
Sareb’s Board of Directors
The Board of Directors sets the objectives and supervises the management of the company’s management team. In addition, the Board of Directors has two specialized committees.
Javier Torres Riesco
Chairman
Leopoldo Puig
Chief Executive Officer
Álvaro López
Proprietary director (FROB)
Juan Ignacio Ruiz de Alda
Proprietary director
Carmen Allo
Independent director
Julián Navarro
Proprietary director
Joaquín de Fuentes Bardají
Proprietary director
Cristina Vidal
Independent directorReglamento Consejo de Administración (julio 2024)
pdf (348 KB)
DownloadMembers of the Audit Committee
Carmen Allo
Independent director
Álvaro López Barceló
Proprietary director (FROB)
Cristina Vidal
Independent directorReglamento del Comité de Auditoría (julio 2024)
pdf (266 KB)
DownloadMembers of the Remuneration and Appointments Committee
Carmen Allo
Independent director
Joaquín de Fuentes Bardají
Proprietary director
Cristina Vidal
Independent directorReglamento del Comité de Retribuciones y Nombramientos (julio 2024)
pdf (237 KB)
Download
Management Team
Sareb has a Management Committee comprising the company’s CEO and six directors each responsible for a specific areas.
Leopoldo Puig
Chief Executive Officer
José María Arroyo
Corporate and Finance Director
Lucía Graña
Asset Management Director
Beatriz Hernández
Real Estate Development Director
Pau Pérez de Acha
Director of Social and Affordable Housing and Institutional Relations
Rafael Piaget
Commercial Director