In addition it is supported in this task by the Finance and Planning Committee, the Audit Committee and the Corporate Business Practices Committee. These last two committees are entirely integrated by independent directors.

The Finance and Planning Committee advises the Board in the evaluation of long term business strategies that assure investment and financing policies that agree with our long term vision.

More than 60 percent of our board members are independent

The Audit Committee renders its opinion, evaluates, investigates and informs the Board on relevant operations, financial statements, internal controls as well as any important irregularities or lack of compliance issues including the selection of external auditors and the evaluation of their performance, among other activities.

The Committee for Corporate Business Practices oversees the fulfillment of our standards of social responsibility, our Code of Business Conduct and Professional Ethics and supervises the appointing or destitution of the CEO. It also renders its opinion on the policies for the designation of other relevant executive positions. It monitors the size and composition of the Board of Directors and gives its opinion regarding the compensation package for the Chairman of the Board and the CEO as well as any relevant operations with related parties.

For more information about our comittees and its rules, click here