Decision-making bodies

Ensuring transparency, independence and professionalism in investment decisions

Among others, Axis has the following decision-making and control bodies to ensure transparency, independence and professionalism in investment decisions:

Board of Directors. AXIS's governing body that is responsible for, amongst other functions, giving final approval for investment and disinvestment operations. It is composed as follows:

Chairman: Manuel Illueca Muñoz (Chairman of Instituto de Crédito Oficial (ICO))

Members:

Begoña Amores (Head of Communications, ICO)

Javier González Lapeira (Head of Guarantee Lines Management, ICO)

Antonio Bandrés (Head of International Expansion, ICO)

Estefanía Sánchez Rodríguez (Executive Adviser in the Secretary of State for Economy and Business Support. Ministry of Economy, Trade and Business) 

Javier Morales (Head of Administration, ICO)

Blanca Navarro (Head of Strategy, ICO)

María Cristina Juan de Mena (Head of SME Financing, ICO)

Sergio Sierra García-Romeral (Head of Funding & Treasury, ICO)

Secretary: Paula Novo Cuba (General Secretariat, ICO)

Audit and Control Committee. Specialised body set up within the Board of Directors to provide technical support and assistance in the field of monitoring.

Investment Committees. There is an investment committee for each Fund, composed of members appointed on the proposal of ICO/Axis and with a majority of independent experts. These are the bodies responsible for giving investment and disinvestment operations the green light before they are presented to the Board of Directors..