BBVA incorporates former European Commissioner Connie Hedegaard to its board of directors

BBVA's board of directors will propose to its general meeting of shareholders on March 18 the appointment of former European commissioner Connie Hedegaard, an expert in sustainability, as a new director, which will increase the representation of women to 40%, this report has reported. Thursday the entity.

The bank has highlighted that Hedegaard is a "highly qualified" profile in the field of sustainability and climate change, as she was European Commissioner for Climate Action and minister of the branch in her country, Denmark. Hedegaard was part of the Community Executive for four years, under the presidency of the Portuguese José Manuel Durao Barroso. After that period she was replaced by the Spanish Miguel Arias Cañete.

BBVA's board of directors will increase the number of female directors from five to six, out of a total of 15 members, and will thus reach its goal of having at least 40% women before the end of 2022, according to its Selection, suitability and diversity policy.

In addition, it will maintain a majority of independent directors (66.67%) and 40% international directors.

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