Board of Directors
The Board of Directors is appointed by the shareholders to govern and monitor the company.
The work of the Board revolves mostly around strategic issues, business plans, budgeting, accounts and acquisitions, in addition to other decisions which, under the company's rules for decision-making, are dealt with by the Board.
Every ordinary Board meeting follows the agenda set out in the Board's formal work plan, which includes a report from the CEO, a financial report and various strategic matters. The Board appoints the CEO. The Board has three appointed committees comprised by members of the Board: the Audit Committee, the Remuneration Committee and Project Committee.
The Board members and the Chairman of the Board are nominated by the Nomination Committee for the election by the Annual General Meeting each year.