Councils, Committees and Executive Board

Diretoria conselho e comites

Board of Directors

 

 

Name Position Date of Election and Investitture Term of Office
José Ignacio Sánchez-Galán Chairman 08/22/2019 08/21/2021
Chairman of Neoenergia`s Board of Directors

He is also Iberdrola’s chairman and chief executive officer and chairman of AVANGRID and ScottishPower (Iberdrola Group subholdings in the United States and United Kingdom) as well.

Personal profile and academic background

Married and father of four children, Ignacio Galán has a bachelor’s degree in Industrial Engineering from the Engineering School (ICAI) of Universidad Pontificia Comillas (Madrid)and also in Business Administration and Foreign Trade from ICADE at Universidad Pontificia Comillas (Madrid) and in General Business Administration and Foreign Trade from the School of Industrial Organisation (EOI) in Madrid.

Doctor Honoris Causa by the universities of Salamanca, Edinburgh and Strathclyde (Glasgow). He was a guest Professor at  Engineering School (ICAI) and now is a guest Professor at the University of Strathclyde, Glasgow, Chairman of the Social Council of the University of Salamanca and a member of the Dean’s Advisory Council of the Massachusetts Institute of Technology (MIT).

He speaks English, French, Italian and Portuguese.

Experience in the energy and industrial engineering sector

In the industrial engineering sector, he served as director of operations at Industria de Turbo Propulsores S.A. (ITP) and as a chairman of Eurojet, a European aerospace consortium, based in Germany. From 2014 to 2016 he chaired the World Economic Forum electricity cluster (Davos).

He also held several management positions at Sociedad Española del Acumulador Tudor, S.A. (current Exide Group), which is dedicated to the manufacture and sale of batteries.

Experience in other industries

He was president of Iberdrola Inmobiliaria, S.A.U. and of Desafío Español 2007, S.A. (Spanish selection of Copa America). He was also CEO of Airtel Móvil, S.A. (now, Vodafone España, S.A.U.) and member of the Supervisory Board of Nutreco Holding NV, a company listed in the Netherlands, acting in the food industry. He was also founder and director of the Matarromera Group, dedicated to viticulture and the production of wine and olive oil.

Other information

He is currently a trustee of the Princess of Asturias Foundation, the Carolina Foundation, the Comillas-ICAI University Foundation, the Conocimiento y Desarrollo Foundation, the Elcano Royal Institute and the Royal Board of Trustees of the Prado Museum.

He is a member of the World Economic Forum electricity cluster (Davos) and of the Steering Committee of the European Round Table for Industry (ERT) and of JP Morgan International Council.

In 2019, Harvard Business Review selected him among the top five CEOs in the world and Bloomberg also recognized him as one of the 30 more influential leaders in the fight against climate change. He received the National Innovation and Design Award of 2019 in the Innovative Career category by the Ministry of Science, Innovation and Universities; also received the Premio León, from El Español, to the Best Business Management 2019. He was given the Honourable Mention of his professional career by the Official Industrial Engineers Association of Madrid and he was designated as Español Universal 2018 by the Fundación Independiente.

In 2018, he was designed as Honorary Member of the Spanish Institute of Engineering. In 2017, he received for the eleventh time the Best European Utility Top Executive Award, given by the Institutional Investor Research Group. In 2014, he received the Responsible Capitalism Award, by the First Group. In 2011, he was elected as Best CEO of European utilities sector and Spanish listed companies in investors relations, according to the Thomson Extel Survey. In 2008, he was elected as Business Leader of the Year Award, by the Spain-United States Chamber of Commerce and, in 2006, received the ward of Best CEO of the Year at the Platts Global Energy Awards. In 2014 was recognized by Queen Elizabeth II with the honorary decoration of Knight Commander of the Most Excellent Order of the British Empire.

José Sainz Armada Sitting member 08/22/2019 08/21/2021
Graduated in law and business administration from ICADE of the Universidad Pontificia Comillas, and holds an MBA from INSEAD. Currently Mr. Armada holds management positions in several companies of the Iberdrola group. He began his professional career at JP Morgan and later held various positions at the Corporación Bancaria de España, where he was CFO from 1996 to 2000. He worked at Banco Bilbao Vizcaya Argentaria as General Manager of Asset Management from 2001 to 2002, and Managing Director of Corporate Value from 2000 to 2001. He is also a board member of Jarama Desarrollos Inmobiliarios, SL and CEO of Querada, SL.
Daniel Alcain Lopes Sitting member 03/16/2020 04/20/2020
Graduated in Economics and Law from the Universidad de Valladolid (Spain) and graduated in the Global Leadership Program in Lausanne, Switzerland. He spent his professional career mainly in the Iberdrola Group, where he held several positions of great prominence and responsibility, such as the Vice Presidency of Controllership of Avangrid , the position of CFO of Iberdrola USA and Scottish Power, in addition to the Vice Presidency of Finance and Treasury of Iberdrola Renewables USA. Also developing projects with the Neoenergia Planning and Control Board in the 2014-2015 period. He currently holds the position of Risk Director at Iberdrola. He is also responsible for the Administration and Control area of ​​the Iberdrola Group.
Mario José Ruiz-Tagle Larrain Sitting member 08/22/2019 08/21/2021
Graduated in Law from Universidad Diego Portales with an MBA from the Pontificia Universidad Católica of Chile. He currently holds management positions in several companies of the Iberdrola group. He has extensive experience in the energy sector. He was chairman of the Board of Directors of the Water Company of Los Lagos – ESSAL, of Empresa Electrica Lican S.A., and of Iberoamericana de Energía – IBENER S.A. Currently he is Chief Executive Officer of Neoenergia Group and sitting member of the Board of Directors of Neoenergia S.A.
Pedro Azagra Blazquez Sitting member 08/22/2019 08/21/2021
Chief Development Officer of the Iberdrola Group. Mr. Azagra Blazquez earned a Business Degree and a Law Degree from Universidad Pontificia de Comillas – ICADE and a Master in Business Administration from the University of Chicago, Graduate School of Business. Currently, also holds positions as a Member of the Executive Committee of the Iberdrola Group and Avangrid, Inc, Executive Member of the Board of Directors of Avangrid, Inc., Member of the Board of Directors of Neoenergia Brasil and Siemens Gamesa Renewable Energy and Member of the Audit Committee of Neoenergia Brasil. Among other roles, he previously was in charge of the US businesses of Iberdrola Group and served as Director of Strategy, responsible for the M&A activities of the Iberdrola Group. Mr. Azagra Blazquez also served as Member of the Board of Directors of Iberdrola Mexico, Energy East, Rochester Gas and Electric, New York State Electric and Gas Corporation, Iberdrola Portugal and Rokas. He has been a Member of the Audit and Compliance Committee of Iberdrola México. Before joining Iberdrola, he served in the Investment Banking Division at Morgan Stanley executing mergers, advisory mandates, equity offerings and debt offerings. He is also a professor of corporate finance, mergers and acquisitions at ICADE.
Santiago Matias Martinez Garrido Sitting member 08/22/2019 08/21/2021
He holds a law degree from Universidad Complutense de Madrid, a degree in Business Law from Universidad CEU San Pablo, a graduate of the IESE Business School (Institute of Higher Enterprise Studies – IESE) at Universidad de Navarra and a PhD from the Universidad Autónoma de Barcelona. Currently he holds management positions in several companies of the Iberdrola group. Previously he acted as state prosecutor in the Supreme Court of Justice of Catalonia and Castilla-La Mancha and in the Ministry of the Interior, as director of the legal department of the Ministry of Justice. He also served as Chief of Staff of the Spanish Minister of Justice and the Spanish Secretary of Justice from 2000 to 2004. He has been a member of the Board of Trustees of the Real Academia de Jurisprudencia y Legislación de Madrid since 2014. He also served as a member of the board of directors of Transmediterránea, Infoinvest and Sociedad Estatal de Exposiciones Internacionales. Member of the Bar Association of Madrid and lawyer of the regional government of Castilla y León and the Council of State.
José Angel Marra Sitting Member 08/22/2019 08/21/2021
He holds a Bachelor’s Degree in Industrial Engineering from the University of Comillas (ICAI), completed an MBA and the General Management Program (PDG) of IESE at the University of Navarra and is also part of the first edition of the executive version of the IMD Global Leadership Program.
Previously, he worked in the financial sector (BBVA) and as a CFO at Indra Sistemas, S.A. With an extensive professional career, he joined Iberdrola in 2009 as CFO of Iberdrola Renovables, performing different functions at a global level. He was Chairman of the Board of Directors of Scottish Power Renewables, Member of the Board of Iberdrola Renewables Holding Inc. (IRHI-USA) and Chairman of the Audit Committee. In 2011 he assumed the position of Director of Commercial Services and in 2015 was appointed Director of Global Services of Iberdrola Renovables. Currently holds the position of Director of Human Resources and General Services.
Marcus Moreira de Almeida Sitting member 08/22/2019 08/21/2021
Graduated in Business Administration from Universidade Federal Fluminense – UFF with an MBA in finance from the Instituto Brasileiro de Mercados de Capital (IBMEC). He developed his career at Banco do Brasil S.A., served as executive director of Brasilcap Capitalização S.A., and was a member of the fiscal council of Kepler Weber S.A. He currently holds the position of Investment Officer of PREVI – Caixa de Previdência dos Funcionários do Banco do Brasil.
Márcio Hamilton Ferreira Sitting member 04/20/2020 Until next GM
Graduated in administration from the Business School of Brasília (Faculdade de Administração de Brasília) and post-graduate from FGV. Before joining Neoenergia, he developed his career at Banco do Brasil, where he served as Credit Director, Finance Director and Capital and Investment Market Director. As a board member, he served on the Fiscal Council of Cielo S.A., Board of Directors of BB AG – BB Subsidiary in Europe, headquartered in Austria and Board of Directors of BB Securities.
Alexandre Alves de Souza Sitting member 08/22/2019 08/21/2021
Graduated in Law from the Salgado de Oliveira University (Niterói), holds an MBA in Marketing from PUC RIO and a Masterdegree in Management Systems from Universidade Federal Fluminense (UFF). A career professional at Banco do Brasil, he served as Executive Manager of BB DTVM Gestão de Recursos S.A., Assistant Manager and General Manager in New York and currently holds the position of Director of Marketing and Communication. Has experience as a member of Committees and Boards in companies such as ANBIMA, Tupy, Brasilprev, BB Consórcios, MAPFRE, BB Turismo and Brasilcap.
Juan Manuel Eguiagaray Ucelay Sitting member 08/22/2019 08/21/2021
Graduated and postgraduate in European studies from the University of Nancy (Nancy-Université) and a PhD in Law from the Deusto Business University. Formerly a member of the board of directors of Promek S.L. and the European Aeronautic Defense and Space Company, as well as a member of the advisory board of Siemens, S.A., Capgemini Service SAS, Eptisa Servicios de Ingeniería, S.L., Future Space S.A. and Creade. Mr. Ucelay is also the president of the non-governmental organization Solidariedad Internacional and the Advisory Council of the Alternative Foundation. He is currently an independent director of the Board of Directors of Elektro Redes, an energy distribution company in which he also chairs the Audit Committee.
Isabel Garcia-Tejerina Sitting member 09/09/2020 Until next SSM
Graduated in agronomic engineering from the Polytechnic University of Madrid; Master in European Communities from the Polytechnic University of Madrid; Master in Agrarian Economics from the University of California at Davis; Law degree from the University of Valladolid, Spain. Isabel is currently a Senior Consultant at Ernst & Young Global Limited – EY. Before joining Neoenergia, she held the positions of Minister of Agriculture, Fisheries, Food and Environment, was Deputy General Secretary of the Sectoral Policy of Popular Political Party of Spain and was National Deputy in Spain.
Cristiano Frederico Ruschmann Sitting member 08/22/2019 08/21/2021
Graduated in Law from the University of São Paulo (USP) and in German Law with an emphasis on International Taxation from the Albert Ludwigs University of Freiburg (Albert-Ludwigs-Universität Freiburg). Mr. Ruschamann has extensive experience in national and international Tax Law. Strong performance in advisory issues (revisions of contractual structures and tax planning) and contentious issues. Recognized for its intense support to multinationals in the investment phase in Brazil, as well as large companies in the information technology sector. Founding partner of the law firm Brazuna, Ruschmann and Soriano – BRATAX, legal office exclusively in the tax area (since August 2013).
Jesús Martinez Perez Alternate member 03/16/2020 04/20/2020
Graduated in economics from Universidad del País Vasco and graduated in finance from Universidade Comercial de Deusto. He holds management positions at several companies in the Iberdrola group.
Alejandro Román Arroyo Alternate member 03/16/2020 04/20/2020
Graduated in Civil Engineering from the Polytechnic University of Madrid. In addition to being a member of the Spanish National Committee for Large Dams, his curriculum includes several publications in the area. He is currently Director of Hydraulic Renewable Business at the Iberdrola Group, a position he has held in Spain since 2018. His professional career at Iberdrola and Neoenergia has spanned more than 20 years of career. In 2013, he took over, in Brazil, the position of Executive Director of Generation at Neoenergia and CEO of several companies of the group.
Miguel Gallardo Corrales Alternate member 08/22/2019 08/21/2021
He works at the department of Corporate Development of the Iberdrola Group, has a degree in Business Administration and Management from Universidad Complutense de Madrid and a Bachelors’ Degree in International Business from the Lancashire Business School (UK). He developed his professional career in Deloitte and American Appraisal until he joined Iberdrola.
Justo Garzón Ortega Alternate member 08/22/2019 08/21/2021
Graduated in Law and Lawyer in Business Consultancy from the Universidad Pontificia Comillas of Spain, he holds an MBA in commercial law from FGV and has a corporate law degree from Universidad Adolfo Ibáñez – UAI. He has built a solid career in the financial sector in the Legal Services of Banco Santander. He was also a university professor in Business Law at the Excoex University in Spain, and later Secretary of the Board of Directors and Director of Legal Services of Iberdrola Brasil S.A. – International group that operates in the electric energy area in its various fields: generation, transmission, distribution and trade. Currently he holds management positions in several companies of the Iberdrola group, such as member of the Board of Directors of Neoenergia S.A. and Elektro S.A.
Ives Cezar Fulber Alternate member 08/22/2019 08/21/2021
Graduated in Business Administration from Universidade Paulista – UNIP, Mastering in Economics from EESP FGV, Bachelor of Business Finance from Pontifícia Universidade Católica of Rio de Janeiro, degree in management for senior executives from FGV and MBA (Specialization) in Public Administration from Fundação para Pesquisa e Desenvolvimento em Negócios, Contabilidade e Economia (FUNDACE), from USP. He was an executive officer of Banco do Brasil SA, acting as Risk Management Director and Director of Agribusiness and of the Fundação Petrobras de Seguridade Social – Petros, acting as Investment Officer. Board member certified by IBGC – Instituto Brasileiro de Governança Corporativa, he served as a member of the fiscal council of IRB – Brasil Resseguros SA, BB Seguros, Brasilcap Capitalização SA and BB Consórcios and held the position of member of the board of directors of BB Securities Asia Pte. Ltd., BB Securities Ltd., Banco do Brasil Securities LLC, BB AG Aktiengesellschaft and Centrais Elétricas de Santa Catarina S.A. – CELESC.
Aires Hypolito Alternate member 08/22/2019 08/21/2021
Graduated in Linguistics from USP, postgraduate from the Universidade Católica de Brasília (UCB-DF) and MBA in Marketing from the Universidade do Estado do Rio de Janeiro (UERJ). Before joining Neoenergia, he was Executive Director of Business to Business Informática Brasil (B2BR), President of Cartão BRB, IT Director of Banco de Brasília (BRB), Retail Director of Banco do Brasil and Director of Operations of BB Turismo. He was also a member of the board of directors of Visanet, Cobra Tecnologia, Brasilseg Participações, Seguros BRB e Cartão BRB, member of the advisory committee of BB Turismo and member of the executive committee of SEBRAE Nacional.
João Ernesto de Lima Mesquita Alternate member 08/22/2019 08/21/2021
Graduated in Systems Analysis from Estácio de Sá University (RJ), with MBA in Finance and Controlling from FGV/RJ and Postgraduate in Complementary Pension Management from the Federal University of Rio de Janeiro (UFRJ). Board Member Certified by IBGC, with professional certification with Emphasis on Management by the Institute of Institutional Certification and Social Security Professionals – ICSS and CPA-20 by ANBIMA. He worked at Banco do Brasil S.A. and BB Banco de Investimento S.A., where he served as head of the M&A and Variable Income Underwriting areas. Currently at PREVI, he is a member of the board of directors of Newtel Participações S.A., Invitel Legacy S.A., Sul 116 Participações S.A., Litel S.A., Litela S.A. and 521 Participações S.A. and a member of the Audit Committee of Invepar S.A.
Tomas Enrique Guijarro Rojas Alternate member 03/16/2020 04/20/2020
Graduated in industrial engineering from ICAI, at the Pontifical University of Comillas and with an MBA from the University of Navarra in Barcelona. He is currently Director of Transmission Business Development at Iberdrola. Throughout his career he has worked for several companies in the Iberdrola group. Before joining the group he worked at Chase Manhattan Bank in Spain.
Fiscal Council

 

Name Position Date of Election and Investiture Term of Office
Francesco Gáudio Chairmain 04/20/2020 2021 ASM
Graduated in accounting and business administration from Faculdade Moraes Júnior. He was a director of Banco Dracma S.A., Mesbla Serviços Financeiros S.A. and Fininvest S.A., and held positions in companies of the Iberdrola group. He was also Managing Partner of MM III Assessoria e Factoring Comercial Ltda. Elected by the holding.
Eduardo Valdés Sanchez Sitting Member 04/20/2020 2021 ASM
He holds a degree in Engineering from Universidad Politécnica de Madrid, an MBA from IESE Business School of Universidad de Navarra and an MBA from the Tuck School of Business at Dartmouth College. He is Founder, CEO and member of the board of directors of Inovainfo Group. He was also owner and member of the board of directors of Expansão Tower Cessão de Infraestrutura, general director and member of the Steering Committee of Telecom Italia Mobile Brasil, CEO and member of the board of directors of Iansã Energia e Participações, and managing partner of AN2O Participações. Elected by the holding.
João Guilherme Lamenza Sitting Member 04/20/2020 2021 ASM
Graduated in accounting from Universidade Cândido Mendes (UCAM). Currently, he is managing partner of Ampla Serviços Contábeis. Elected by the holding.
Iara Pasian Sitting Member 04/20/2020 2021 ASM
Graduated in Accounting and Economic Sciences from the Faculty of Economic Sciences of São Paulo, from the Fundação Escola de Comércio Álvares Penteado FECAP, in 1978 and 1980. Until May 31, 2018 she was the leader of the Infrastructure and Energy Industry at Deloitte responsible for the development of business and professional staff specializing in these segments, in addition to serving auditing and consulting clients. Has more than 40 years of experience in serving auditing and consulting clients of medium and large size, national and multinational, from the service, manufacturing, infrastructure and especially energy industries. Participated in the Deloitte office in Washington, DC, United States, in 1997 and 1998 in a specialization program in serving companies in the energy industry, participating, including in the services provided, among others, to The AES Corporation, Duke Energy and AEP provided by that office. Participated for more than 10 years as National Coordinator of the Technical Energy Group of IBRACON, responsible for issuing technical pronouncements on accounting and auditing matters addressed to the energy industry, together with industry (ANEEL) and market (CVM) regulators, as well as with the CPC.
José Antonio Lamenza Alternate Member 04/20/2020 2021 ASM
Bachelor of Science in Accounting from Universidade Cândido Mendes (UCAM) and managing partner of Ampla Serviços Contábeis. Elected by the holding.
Glaucia Janice Nietsche Alternate Member 04/20/2020 2021 ASM
She holds a degree in accounting from the University of Vale dos Sinos – Unisinos and a degree in business administration from the University of La Salle Bajío. She previously worked at Camargo Correa Construções, and is currently manager of Iberdrola Construção e Serviços Ltda. Elected by the holding.
Antonio Carlos Lopes Alternate Member 04/20/2020 2021 ASM
Graduated and Master in Accounting Sciences by PUC-SP, with specialization in controller by FGV / SP and member of ANEFAC. Extensive experience in accounting, auditing and management consulting. Mr. Lopes was a university professor of accounting, finance and management. Executive Officer and member of the Board of Directors of several companies, as well as member of the Fiscal Council of some entities of the 3rd sector. Associate Director of Asscont Assessoria Contábil e Audit Auditoria S/S (41 years), Asscont Consultoria e Gestão Ltda. (25 years), Technique Search Brasil (14 years) and Automóvel & Cia. Ltda. (19 years old).
Paulo Maurício Mantuano de Lima Alternate Member 04/20/2020 2021 ASM
Graduated in economics from Universidade Gama Filho, holds a postgraduate degree in the Executive MBA program from COPPEAD and an MBA in Corporate Finance from Fundação Getúlio Vargas. Participated in the Fundação Dom Cabral Board of Directors Development Program. Has a Certified Financial Planner by Planejar and Certification as a Fiscal Counselor by the Brazilian Institute of Corporate Governance. Started his professional career in the financial market (open market) at Banco Nacional SA, where he was a Managing Partner at Premium Distribuidora de Titulos e Valores Mobiliários Ltda. In the last twenty years of professional activity, he worked in the electric sector in the positions of Finance Manager at Engie Brasil Energia SA and Chief Financial Officer at Energia Sustentável do Brasil SA He was also Chief Financial Officer and Managing Director at Previg – Sociedade de Previdência Complementar.
Audit Committee

 

 

Name Position
Juan Carlos Rebollo Liceaga Chairman
Graduated in business administration, specialized in finance, by Deusto Business School of Bilbao. He holds management positions in several companies with the Iberdrola group. Previously, he worked for Arthur Andersen & Co.
Santiago Martinez Garrido Sitting Member
He holds a law degree from Universidad Complutense de Madrid, a degree in Business Law from the Universidad CEU San Pablo. He is a graduate of the IESE Business School (Institute of Higher Enterprise Studies – IESE) at Universidad de Navarra and PhD from the Universidad Autónoma de Barcelona. Currently he holds managing positions at several companies of the Iberdrola group. Previously he acted as state prosecutor in the Supreme Court of Justice of Catalonia and Castilla-La Mancha and in the Ministry of Interior, as director of the legal department of the Ministry of Justice. He also served as the Chief of Staff of the Spanish Minister of Justice and the Spanish Secretary of Justice from 2000 to 2004. He has been a member of the Board of Trustees of the Real Academia de Jurisprudencia y Legislación de Madrid since 2014. He also served as a member of the Board of Directors of Transmediterránea, Infoinvest and the Sociedad Estatal de Exposiciones Internacionales. Member of the Bar Association of Madrid and lawyer of the regional government of Castilla y León and the Council of State.
Pedro Azagra Blazquez Sitting Member
Chief Development Officer of the Iberdrola Group. Mr. Azagra Blazquez earned a Business Degree and a Law Degree from Universidad Pontificia de Comillas – ICADE and a Master in Business Administration from the University of Chicago, Graduate School of Business. Currently, also holds positions as a Member of the Executive Committee of the Iberdrola Group and Avangrid, Inc, Executive Member of the Board of Directors of Avangrid, Inc., Member of the Board of Directors of Neoenergia Brasil and Siemens Gamesa Renewable Energy and Member of the Audit Committee of Neoenergia Brasil. Among other roles, he previously was in charge of the US businesses of Iberdrola Group and served as Director of Strategy, responsible for the M&A activities of the Iberdrola Group. Mr. Azagra Blazquez also served as Member of the Board of Directors of Iberdrola Mexico, Energy East, Rochester Gas and Electric, New York State Electric and Gas Corporation, Iberdrola Portugal and Rokas. He has been a Member of the Audit and Compliance Committee of Iberdrola México. Before joining Iberdrola, he served in the Investment Banking Division at Morgan Stanley executing mergers, advisory mandates, equity offerings and debt offerings. He is also a professor of corporate finance, mergers and acquisitions at ICADE.
Marcus Moreira de Almeida Sitting Member
Graduated in Business Administration from Universidade Federal Fluminense – UFF with an MBA in finance from the Brazilian Institute of Capital Markets (IBMEC). He developed his career at Banco do Brasil S.A., served as executive director of Brasilcap Capitalização S.A., and was a member of the supervisory board of Kepler Weber S.A. He currently holds the position of Investment Officer of PREVI – Caixa de Previdência dos Funcionários do Banco do Brasil.
Juan Manuel Eguiagaray Ucelay Sitting Member
Graduated and postgraduate in European studies from the University of Nancy (Nancy-Université) and a PhD in Law from the Deusto Business University. Formerly a member of the board of directors of Promek S.L. and the European Aeronautic Defense and Space Company, as well as a member of the advisory board of Siemens, S.A., Capgemini Service SAS, Eptisa Servicios de Ingeniería, S.L., Future Space S.A. and Creade. Mr. Ucelay is also the president of the non-governmental organization Solidariedad Internacional and the Advisory Council of the Alternative Foundation. He is currently an independent director of the Board of Directors of Elektro Redes, an energy distribution company in which he also chairs the Audit Committee.
Justo Garzón Ortega Alternate Member
Graduated in Law and Lawyer in Business Advisor from the Comillas Pontifical University in Spain, Mr. Ortega holds an MBA in Commercial Law from FGV and a corporate degree from the Adolfo Ibáñez University – UAI. He has built a solid financial career in the Legal Services area of Banco Santander. He was also a university professor in Business Law at the Excoex University in Spain, and Secretary of the Board of Directors and Director of Legal Services of Iberdrola Brasil S.A. – an international group that operates in several segments of the electric power industry: generation, transmission, distribution and sale. He currently holds management positions in several companies of the Iberdrola group, such as member of the Board of Directors of Neoenergia S.A. and Elektro S.A.
Miguel Gallardo Corrales Alternate Member
Department of Corporative Development of the Iberdrola Group. Degree in Business Administration and Management from Universidad Complutense de Madrid and a Degree in International Business from the Lancashire Business School (UK). He developed his professional career in Deloitte and American Appraisal until joining Iberdrola.
João Ernesto de Lima Mesquita Alternate Member
Graduated in systems analysis from Universidade Estácio de Sá, with an MBA in finance and controller from FGV/RJ and a postgraduate degree in complementary social security management from UFRJ. Head of PREVI, is a member of the Board of Directors of Newtel, Invitel, Sul 116 Participações, Litel S.A., Litela S.A. and 521 Participações S.A. He is the representative of PREVI in advisory committees to the board of directors of Neoenergia and Invepar Participações.
Daniel Alcaín López Alternate Member
He currently holds the position of Risk Director at Iberdrola, also responsible for the Administration and Control area of ​​the Iberdrola Group.
Graduated in Economics and Law from the Universidad de Valladolid (Spain) and graduated in the Global Leadership Program in Lausanne in Switzerland.
He spent his professional career mainly in the Iberdrola Group, where he held several positions of great prominence and responsibility, such as the Vice Presidency of Controllership of Avangrid, the Vice Presidency of Finance and Treasury of Iberdrola Renewables USA and the position of CFO of Iberdrola USA and Scottish Power, in addition to the development of projects with the Neoenergy Planning and Control Board in the 2014-2015 period.
Financial Committee

 

 

Name Position
Jesús Martinez Perez Chairman
Graduated in economics from Universidad del País Vasco and in finance from the Deusto Business School de Bilbao. He holds management positions in several companies of the Iberdrola group.
Jose A. Omaechevarria Sitting Member
He acts as Director of Investment Analysis at Iberdrola, where he coordinates the supervision, approval and economic analysis of Iberdrola’s main investment projects.
Justo Garzón Ortega Sitting Member
Graduated in Law and Lawyer in Business Advisory from the Universidad Pontificia Comillas in Spain, he holds an MBA in commercial law from FGV and a corporate degree from Universidad Adolfo Ibáñez – UAI. He has built a solid financial career in the Legal Services of Banco Santander. He was also a university professor in Business Law at Universidad Excoex in Spain. He was also Secretary of the Board of Directors and Director of Legal Services of Iberdrola Brasil S.A. – International group that operates in the electric energy area in its various fields: generation, transmission, distribution and trading. Currently he holds management positions in several companies of the Iberdrola group, such as member of the Board of Directors of Neoenergia S.A. and Elektro S.A.
Ivan Luiz Modesto Schara Sitting Member
Graduated in Economics from the Pontifícia Universidade Católica de São Paulo – PUC / SP, with a Master’s in Administration from IBMEC / RJ, an MBA in Finance from FGV-RJ, an MBA in Management from IBMEC / RJ and a postgraduate degree in Corporate Governance from PDG / IMBEC . He is currently Executive Manager in the Previ Participation Board. He was a member of the board of directors of Litel Participações S / A, Sauipe S / A, Usiminas S / A, Valepar S / A and a member of the Finance and Risks Committee of Paranapanema S / A and Vale’s Financial Committee. He is currently a Full Member of the Audit Committee of TUPY S / A and an Alternate Member of the Board of Directors of Vale.
Isabel Garcia-Tejerina Sitting Member
Graduated in agronomic engineering from the Polytechnic University of Madrid; Master in European Communities from the Polytechnic University of Madrid; Master in Agrarian Economics from the University of California at Davis; Law degree from the University of Valladolid, Spain. Isabel is currently a Senior Consultant at Ernst & Young Global Limited – EY. Before joining Neoenergia, she held the positions of Minister of Agriculture, Fisheries, Food and Environment, was Deputy General Secretary of the Sectoral Policy of Popular Political Party of Spain and was National Deputy in Spain.
Juan Bosco Lopez Aranguren Alternate Member
He holds a degree in business administration from Universidad Complutense de Madrid, an MBA in Energy Business Management from Universidad de Nebrija and an MBA in Finance and Controller from the Instituto de Empresa.
He began his professional career at Salem Tube Inc. (United States), a subsidiary of Tubacex and later held positions at Iberdrola in Brazil from 1998 to 2001. Since 2002 he has worked for the Finance and Resources Management of Iberdrola in the area of Structured Finance.
He is currently responsible for Structured Finance for the Iberdrola group to supervise and propose structured financing operations with the group.
Aitor Aretxalde Alternate Member
He acts as Manager of Investment Analysis at Iberdrola, where he coordinates the supervision, approval and economic analysis of Iberdrola’s main investment projects.
Rafaela Goiria Alternate Member
She works as an internal advisor at Iberdrola, where she provides legal assistance in the negotiation and execution of contracts and the preparation of reports for the Iberdrola Finance Department.
Alexandre José Fava de Souza Junior Alternate Member
Graduated in Economics from UFF, with an MBA in Financial Business from IAG-PUC (RJ). He is currently an Analyst at PREVI’s Equity Management and was a member of the Related Party Committee and CPFL Energia Corporate Finance and Budget Committee.
Compensation Committee

 

 

Name Position
José Sainz Armada Chairman
Graduated in law and business administration from ICADE at the Universidad Pontificia Comillas, he holds an MBA from INSEAD. Currently he has management positions in several companies of the Iberdrola group. He began his professional career at JP Morgan and later held various positions at the Corporación Bancaria de España, where he was CFO from 1996 to 2000. He worked at Banco Bilbao Vizcaya Argentaria, as General Manager of Asset Management from 2001 to 2002 and Managing Director of Corporate Value from 2000 to 2001. He is also a board member of Jarama Desarrollos Inmobiliarios, SL and CEO of Querada, SL.
Jose Angel Marra Sitting Member
He holds a Bachelor’s degree in Industrial Engineering from Universidad de Comillas (ICAI), completed an MBA and the General Management Program (PDG) of IESE at Universidad de Navarra, and participates in the first edition of the executive version of the IMD Global Leadership Program.
Previously he worked in the financial sector (BBVA) and as deputy CFO at Indra Sistemas, S.A. With an extensive professional career, he joined Iberdrola in 2009 as CFO of Iberdrola Renovables, performing different functions at a global level. He was Chairman of the Board of Directors of Scottish Power Renovables, Member of the Board of Iberdrola Renewables Holding Inc. (IRHI-USA) and Chairman of the Audit Committee. In 2011 he assumed the position of Director of Commercial Services, and in 2015 he was appointed Director of Global Services of Iberdrola Renovables. Currently he holds the position of Director of Human Resources and General Services.
Santiago Martinez Garrido  Sitting Member
Graduated in Law from Universidad Complutense de Madrid, graduated in Business Law from the Universidad CEU San Pablo, graduated from the IESE Business School at Universidad de Navarra, and holds a PhD from the Universidad Autónoma de Barcelona. He currently holds management positions at several Iberdrola companies. Previously he acted as state prosecutor in the Supreme Court of Justice of Catalonia and Castilla-La Mancha and in the Ministry of Interior, as director of the legal department of the Ministry of Justice. He also served as Chief of Staff of the Spanish Minister of Justice and the Spanish Secretary of Justice from 2000 to 2004. He has been a member of the Board of Trustees of Real Academia de Jurisprudencia y Legislación in Madrid since 2014. He also served as a member of the Board of Directors of Transmediterránea, Infoinvest and Sociedad Estatal de Exposiciones Internacionales. Member of the Bar Association of Madrid and lawyer of the regional government of Castilla y León and the Council of State.
João Ernesto de Lima Mesquita Sitting Member
Mr. Mesquita holds a degree in Systems Analysis from the Estácio de Sá University, an MBA in Finance and Controlling from FGV/RJ and a post-graduate degree in Complementary Social Security Management from UFRJ. He acts as Manager at PREVI, and is a member of the Board of Directors of Newtel, Invitel, Sul 116 Participações, Litel S.A., Litela S.A. and 521 Participações S.A. He represents PREVI in advisory committees to the Board of Directors of Neoenergia and Invepar Participações.
Isabel Garcia-Tejerina Sitting Member
Graduated in agronomic engineering from the Polytechnic University of Madrid; Master in European Communities from the Polytechnic University of Madrid; Master in Agrarian Economics from the University of California at Davis; Law degree from the University of Valladolid, Spain. Isabel is currently a Senior Consultant at Ernst & Young Global Limited – EY. Before joining Neoenergia, she held the positions of Minister of Agriculture, Fisheries, Food and Environment, was Deputy General Secretary of the Sectoral Policy of Popular Political Party of Spain and was National Deputy in Spain.
Fabricia Abreu Alternate Member
She acts as Director of Management and Talent Guidelines at Iberdrola, managing the development of human resources, internal communications, international mobility and workplace safety. She also worked at Elektro as Director of Human Resources, managing human resources, internal and external communications, social responsibility and workplace safety.
Armando Ugarriza Alternate Member
He acts as Director of Employees’ Compensation and Retirement at Iberdrola, analyzing and identifying the best practices of compensation of employees to attract, retain and motivate the most qualified professionals of Iberdrola and the Iberdrola group.
Andres Campaña Alternate Member
He acts as Director of Global Legal Services for Finances and Resources of Iberdrola, providing legal advice on financing and other resources, and on administrative, judicial and arbitration matters.
Marília de Oliveira Carmo Alternate Member
Graduated in Economics from Unversidade Federal do Rio de Janeiro, she holds an MBA in Capital Markets from IBMEC-RJ and a Masters’ degree in Business Administration with focus on Finance, also from IBMEC-RJ.
She is a career employee at Banco do Brasil, which she joined in 1992, and where she has held several positions related to the capital markets area, with emphasis on fixed income, variable income and structured operations, structuring of fixed income products, management of BB Banco de Investimento S.A. own portfolio, having served as analyst and manager in the Capital Markets Department of BB and in the Third-Party Resources Manager (BB DTVM).
In 2013, she was transferred to Caixa de Previdência dos Funcionários do Banco do Brasil – PREVI, where she operates to date in the Management of Equities and Governance of the entity, as Unit Manager. This management is responsible for managing and monitoring PREVI’s equities and the entity’s governance system on behalf of its investees, and at the unit that she manages, she is responsible for a portfolio comprising companies such as Invepar, BRF, Ambev, and other.
Over the last 17 years, she has been acting as a member appointed by Banco do Brasil and PREVI in several governance forums of companies owned by these institutions, having experience in Fiscal Councils (Multi-Car Rio Terminal de Veículos, Multi-Rio Operações Portuárias, Cata Nordeste, Kepler Weber), Boards and Managements (Fiago Participações); Advisory Committees to Boards of Directors (Finance Committee in Paranapanema, and Works, Human Resources and Finance Committee in Invepar), as well as Preliminary Shareholders’ Meetings of
Invepar.
Related Party Committee

 

 

Name Position
Juan Manuel Eguiagaray Ucelay Chairman
Graduated and postgraduate in European studies from the University of Nancy (Nancy-Université) and a PhD in Law from the Deusto Business University. Formerly a member of the board of directors of Promek S.L. and the European Aeronautic Defense and Space Company, as well as a member of the advisory board of Siemens, S.A., Capgemini Service SAS, Eptisa Servicios de Ingeniería, S.L., Future Space S.A. and Creade. Mr. Ucelay is also the president of the non-governmental organization Solidariedad Internacional and the Advisory Council of the Alternative Foundation. He is currently an independent director of the Board of Directors of Elektro Redes, an energy distribution company in which he also chairs the Audit Committee.
Cristiano Frederico Ruschmann Sitting Member
Graduated in Law from the University of São Paulo (USP) and in German Law with an emphasis on International Taxation from the Albert Ludwigs University of Freiburg (Albert-Ludwigs-Universität Freiburg). Mr. Ruschamann has extensive experience in national and international Tax Law. Strong performance in advisory issues (revisions of contractual structures and tax planning) and contentious issues. Recognized for its intense support to multinationals in the investment phase in Brazil, as well as large companies in the information technology sector. Founding partner of the law firm Brazuna, Ruschmann and Soriano – BRATAX, legal office exclusively in the tax area (since August 2013).
Ângela Aparecida Seixas Sitting Member
Graduated in Accounting from the Faculty of Economics and Administration – Universida, with MBA in Corporate Governance and Capital Markets by B.I.International and Columbia University Pos MBA and in Executive Management Development by PDG / EXEC Business Development Company. Counselor certified by IBGC – Brazilian Institute of Corporate Governance. Mrs Seixas served as an advisory board member at BCP S.A., BSE S.A., Duke Energy International Generation Paranapanema S.A., PRODESP S.A., Cellcom S.A. and as fiscal counselor at Telemig S.A. and IBGC.
Executive Board
Name Position Date of Election and Investiture Term of Office
Mario Jose Ruiz-Tagle Larrain Chief Executive Officer 08/23/2020 08/23/2023
Master in Business Administration from Pontificia Universidad Católica de Chile, in 2002, he held the position of Institutional Relations Officer for Iberdrola Energia do Brasil Ltda. In 2004 he was appointed Business Director Brazil at Iberdrola S.A., and in 2010 he held the position of Country Manager at Iberdrola Brasil S.A. He currently holds the position of Chief Executive Officer of the Neoenergia Group. Mr. Mario Ruiz is also a member of the Board of Directors of the subsidiaries of Grupo Neoenergia.
Leonardo Pimenta Gadelha Chief Financial Officer and IR 08/23/2020 08/23/2023
Leonardo Gadelha holds a degree in production engineering from PUC-RJ, CFA Chartholder, with certificates from MIT in Boston, IMD in Lausanne and Harvard Business School. He has a career of more than 25 years in finance at banks and companies such as JPMorgan, Vale and Tupy. Leonardo Gadelha has held positions as CFO and Investor Relations Director for the past 12 years.
Solange Maria Pinto Ribeiro Deputy CEO 08/23/2020 08/23/2023
Deputy Chief Executive Officer of Neoenergia since August/2017. With over 30 years of experience in the industry, Mrs. Ribeiro joined the Company in 2004 as Regulation and Environment Officer. Between 2012 and August 2017, she held the position of Chair of the Holding Company. At Neoenergia, she acts as a member of the Board of Directors of the Group’s companies, among them Coelba, Celpe and Cosern. She is a member of the Economic and Social Development Council – CDES, Vice Chair of the Board of Directors of the National System Operator – ONS, and member of the Board of Directors of the Brazilian Base Industries Association – ABDIB. She has held senior leadership positions at large companies such as Chesf and Eletropaulo, and acted as a consultant for the National Economic Research Associates – NERA in Washington. She holds a degree in Electrical Engineering from the Federal University of Pernambuco and a master’s degree in the same area from PUC-Rio, and was a visiting researcher at the Imperial College of Science, Technology and Medicine in London.
Lara Cristina Ribeiro Piau Marques Legal Executive Officer 08/23/2020 08/23/2023
Graduated in Law, post-graduated in Civil Procedure Law and in State Law and Regulation, with an MBA in Telecommunications, she is currently attending Masters degree in Regulation Law at FGV. Legal Executive Director. She was Legal Director of TIM Brasil, TIM Participações, TIM Celular and TIM Nordeste. For more than 20 years he has been responsible for the Legal Department of large corporations and a member of fiscal and administrative councils. He has extensive experience in translating the complex legal environment into business strategy, and consolidated experience in team management, litigation and strategic demands.
Simone Aparecida Borsato Executive Officer for Development 08/23/2020 08/23/2023
She is currently Executive Director of Development at Neoenergia and Investor Relations Officer of Elektro Redes S.A. . Previously, she was Chief Financial Officer and Alternate Member of the Board of Directors of Elektro Redes S.A. Executive with more than 30 years of experience in the financial area, leading departments such as Treasury, Financial Operations, Investor Relations, Controller and Financial Planning, acting in the Energy, Chemical/Petrochemical, Telecom and Timber sectors, in large national and multinational companies, such as Grupo Ultra, Eucatex and Bradesco. Graduated in Business Administration from PUC/SP, with an MBA from Fundação Getúlio Vargas and post-MBA from Saint Paul Business School, as well as Executive Programs from IMD-International Institute for Management Development, Dom Cabral Foundation, Ohio University, Columbia University and Course for the Education of Management Directors at IBGC-Brazilian Institute of Corporate Governance. Member of the Board of Directors of IBEF (Brazilian Institute of Finance Executives), in 2016 she was the winner of the Equilibrista Award (CFO of the year) by IBEF-SP.
Rogério Aschermann Martins Executive Officer for Resources 08/23/2020 08/23/2023
Graduated in Computer Science from Universidade do Vale do Vale do Paraíba, with an MBA in Project Management from IBMEC/IBTA. He joined Elektro Redes in 2004, having served as Director of Information Technology, Human Resources, and Corporate Services. He also held the position of Chief Sustainability Officer outlining the strategies of the global group and other Executive positions in several units at Elektro for more than 13 years. He currently serves as Executive Officer of Resources of Grupo Neoenergia.
Fulvio da Silva Marcondes Machado Executive Officer for Distribution 10/20/2020 08/23/2023
Currently Distribution Executive Officer of Neoenergia. Fulvio held the position of Coelba’s Chief Executive Officer, having also served as the Group’s Corporate Executive of Process and Technology, as well as Executive Manager of Engineering, Planning and Operations, Executive Manager of Customer Relationship, Executive Manager of Distribution and Measurement Manager at Elektro Redes. Electrical Engineer graduated from Universidade Estadual Paulista (UNESP), with specialization in Business Management from INPG / SP. Specialization Courses in Power and Protection Electronics from the Universidade Estadual de Campinas (Unicamp). Experience in all Operations / Commercial areas of the Distributor, acting in the coordination of projects for activities internalization, customer service and restructuring of processes.
Laura Cristina da Fonseca Porto Executive Officer for Renewables 08/23/2020 08/23/2023
Graduated in Electrical Engineering from the Universidade da Bahia. She held the position of Country Manager for Iberdrola Renováveis do Brasil, a company of the Iberdrola group. She joined Grupo Neoenergia in August 2017, and is currently Executive Director of Renewables of Grupo Neoenergia. Laura is also Director of Operations of the wind generation segment subsidiaries, and Director of Enerbrasil Renováveis do Brasil S.A.
Eduardo Capelastegui Saiz Executive Director of Patrimonial Control and Planning 08/23/2020 08/23/2023
Degree in Economic and Business Sciences (financial specialty) from Universidad Comercial de Deusto. He joined the Iberdrola Group in 1998, acting as Senior Consultant: Management Consulting, Planning and Control Director of Networks Business Brazil, Chile, Bolivia and Guatemala, and Director of Planning and Control for South America (Brazil, Chile and Bolivia). He currently holds the position of Controller of Grupo Neoenergia