Governance Bodies

Board of Directors

The Board of Directors has strategic functions and monitoring duties; it defines company objectives, strategies and plans and defines the investment/divestment policies of the Fund and monitors the implementation of these policies.

The Board of Directors has 13 members, 2 of whom meet the independence requirements established in the AIFA Independence Protocol:

Vice-chairman
Chief Executive Officer
Counsellor
Counsellor
Counsellor
Counsellor
Counsellor
Cunsellor
Counsellor
Counsellor
Counsellor
Counsellor

Board of Statutory Auditors

The board of statutory auditors has three statutory members and two substitute members:

President
Standing Auditor
Standing Auditor

Conflicts of Interest Committee

The function of the Conflict of Interests Committee is to assess whether any potential interests of the Management Company, its shareholders and related parties, as well as one or more investors of the Fund may affect the interests of the Fund’s participants, and shall issue and provide a mandatory opinion in accordance with the “Conflicts Policy”.

The members of the Conflict of Interests Committee includes two independent directors from the Board of Directors of the Management Company and includes the Head of the Compliance department, who acts as coordinator.

Nominations and Compensation Committee

The function of the Nominations and Compensation Committee is to submit proposals to the Board regarding fees payable to the Company’s top management, including directors who are given specific mandates and executives.

Investment Committee

The SGR has set up one Investment Committee for each fund to issue motivated technical opinions, as provided for by the Regulation of each fund.