Board of Directors
The Board of Directors consists of professionals who represent a diverse array of knowledge and experience in different fields, as well as age and gender. These professionals are selected after analyzing the needs of this governing body. This page features the professional profile of each member.
Manuel Manrique Cecilia
CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Kind:
Executive
Professional and biographical profile:
Manuel Manrique is Chairman and CEO of the Board of Directors since 2011. His extensive knowledge in the infrastructure, services and concessions sector has allowed him to lead and transform the Sacyr Group through the execution and fulfillment of the different strategic plans.
Manuel Manrique is one of the founding partners of Sacyr, and since then, in addition to being a partner, he has developed and held various positions. He joined as a delegate in Andalusia, and later became the company's regional director in that region. In 1998, Manuel Manrique was appointed Director of External Construction at Sacyr. In 2000 he was appointed General Manager of Construction of the Sacyr Group. In 2003, coinciding with the merger with Vallehermoso and the creation of the Sacyr Vallehermoso Group, he was appointed Chairman and CEO of the construction division of the holding company. In November 2004 he was elected CEO of the Sacyr Vallehermoso Group and in October 2011 he was appointed Chairman of the Sacyr Vallehermoso Group (currently Sacyr).
Manuel Manrique studied Civil Engineering at the Escuela Técnica de Ingenieros de Madrid. After graduating, he joined Ferrovial.
Manuel Manrique is Chairman of the Sacyr Foundation, Chairman and director of Sacyr Construcción, S.A.U., Chairman and director of Sacyr Concesiones, S.L. and director of Sacyr Servicios, S.A.
Date of appointment:
First appointment as Chief Executive Officer: November 10, 2004
Appointment as President: October 20, 2011
Last re-election as director: June 13, 2019
Other boards of directors:
- Member of the Board of Directors of Repsol, S.A.
Demetrio Carceller Arce
1ST VICE-CHAIRMAN
Kind:
Proprietary (as proposed by Disa Corporación Petrolífera, S.A.)
Professional and biographical profile:
Education: Degree in Business Administration from the Colegio Universitario de Estudios Financieros, CUNEF of the Universidad Complutense de Madrid. Subsequently, he completed an MBA at Duke University, Fuqua School of Business (North Carolina, USA).
Experience: Demetrio Carceller Arce is 1st Vice-Chairman of the Board of Directors since 2011. He has a relevant role in the food and beverage, infrastructure, services and energy businesses, being Executive Chairman of the brewery group Damm, of Corporación Petrolífera Disa and Vice-Chairman of the food multinational Ebro Foods. Demetrio Carceller has previously held board positions in companies such as Freixenet, Deóleo, Gas Natural, Cepsa, CLH, Hidroeléctrica del Cantábrico, Gas Asturias and Syocsa-Inarsa.
He currently collaborates actively with Duke University, Fuqua School of Business, being a member of the Board of Visitors and with CUNEF, being a member of the Advisory Board.
In the philanthropic field, Demestrio Carceller Arce is Chairman of the Damm Foundation, an entity whose mission is to structure and disseminate Damm's sponsorship and philanthropic activities in the sports, social and cultural fields, is a member of the board of trustees of the Disa Foundation and the SERES Foundation and is a member of the Board of Trustees of the Teatro Real Foundation.
Date of appointment:
First Board Member appointment: January 29, 2003
Last reelection as director: April 28, 2022
Appointment as 1st Vice-chairman: October 20, 2011
Other boards of directors:
- Vice-Chairman of Ebro Foods S.A.
- Chief Executive Officer of Sociedad Anónima DAMM.
- Chairman of Disa Corporación Petrolifera, S.A.
- Chief Executive Officer of Corporación Económica Delta, S.A.
Jose Manuel Loureda Mantiñan
DIRECTOR
Kind:
Proprietary (at the proposal of Prilou, S.L.)
Professional and biographical profile:
Education: Dr. Ingeniero de Caminos Canales y Puertos (Civil Engineer) by the Higher Technical School of Civil Engineers of Madrid. 1964 class.
Experience: José Manuel Loureda Mantiñán began his professional career at Ferrovial in 1965, where he worked until 1986, holding positions from Site Manager to Deputy Director of Construction, actively participating in all the civil works built by Ferrovial during that period.
Founder of Sacyr, where he was CEO until 2000, and Chairman until 2003. From 2003 to 2004, and after the merger of Sacyr with Vallehermoso, he was Chairman of the Sacyr Vallehermoso Group until November 10, 2004. From 1998 to 2004, he was Chairman of the concessionaires of El Elqui and Los Lagos, in the Republic of Chile, as well as the Vice-Chairman of the Autopista Vasco Aragonesa, Avasa, Bilbao, Zaragoza whose 50% stake had been acquired in the year 2000.
He was a proprietary director of Repsol from 2007 to 2021. He was director of Avasa, Itinere and Testa. And Vice-Chairman of the Association of Civil Engineers in the period 2012-2016. In 2003 this Association awarded him the profession's medal of honor.
In 2008, the Victoriano Reinoso prize was awarded by the Galician business association (Aegama). In 2009 he was named brother of Santo Domingo de la Calzada.
He is Chairman of Sacyr Servicios, S.A. and Director of Sacyr Construcción, S.A.
Until his most recent appointment, he was the acting representative of Prilou S.L., where he was an adminsitrator, since the year 2004.
Date of appointment:
First appointment: June 15, 2023
Juan María Aguirre Gonzalo
LEAD DIRECTOR
Kind:
Independent
Professional and biographical profile:
Education: Degree in Economics and Business Administration ICADE. Master in Financial Management INSTITUTO DE EMPRESA - Madrid.
Experience: Juan María Aguirre began his professional career in the financial sector, in the Risk, Administration and Planning Department of Banco de Progreso, S.A. during the years 1985-1989. He was Financial Director of the Financing and Leasing Entity of Mercedes-Benz, during the years 1989-1990.
Between 1990-2005 he was Managing Director of Torreal, S.A. He was responsible for financial investments and real estate development of the Torreal Group and member of the Board of Directors of several companies in which the group has holdings: (i) Inova, SCR, S.A., Risl capital company for new technologies where he was the chairman (ii) Becasa, in the Outsourcing and Mortgage sector, (iii) El Molinar, S.A., Nayla and Urnova, in the Real Estate sector, (iv) Arbarin S.I.M.M.C.A.V., S.A., Naira Simcavf, Mackerel Simcav, (v) Bodegas CVNE, (vi) Servicios Asistenciales para la Tercera Edad (SAR).
Since 2006 he has been Managing Director of Quantica Asesores, S.A., providing financial advice to family and institutional groups. He is currently a Director of Merlin Properties, a member of its Appointments and Remuneration Committee and Audit Committee, where he was Chairman from 2018 to 2022.
Juan María Aguirre was appointed coordinating director of Sacyr, S.A. in 2018, is Chairman of its Audit Committee and a trustee of the Sacyr Foundation.
Date of appointment:
First Board Member appointment: June 27, 2013
Last reelection as director: April 28, 2022
Appointment as coordinating director: June 7, 2018.
Other boards of directors:
- Director of Merlin Properties, S.A.
- Director of Inverbio SGIIC.
- Director of Quantica Asesores, S.A.
- Board Member of Cross Road Biotech Inversiones Biotecnológicas, S.G.E.I.C., S.A.
- Chairman of Mantbraca España, S.L.
- Chairman of Eom Grupo.
Grupo Corporativo Fuertes, S.L.
DIRECTOR
Kind:
Proprietary (as proposed by Grupo Empresarial Fuertes, S.L.)
Professional and biographical profile:
Represented by Tomás Fuertes Fernández.
Education: Diploma in Business Management from the University of Murcia and the Chamber of Commerce of Murcia. Diploma in Commercial Management from the Ministry of Economy.
Experience: Tomás Fuertes has been working for more than 65 years in the holding company he presides, Grupo Fuertes, among which the companies El Pozo Alimentación and Procavi stand out.
Throughout those years he has received numerous awards for his business career. He has been recognized as best businessman of the year on different occasions, as well as best entrepreneur of the year. He has received several awards in recognition of his work throughout his professional career, where he has been recognized for his important role in the development and modernization of the Spanish food sector and promotion for the internationalization of the sector.
In 2018 he was awarded an honorary doctorate by the University of Murcia, at the proposal of the Faculty of Economics and Business and the Faculty of Veterinary Medicine.
He is a member of the executive bodies of the following institutions: Member of the Executive Committee of the Spanish Chamber of Commerce; Member of the Executive Committee of ANICE; Member of the Executive Committee of the Confederación de Empresarios de la Región de Murcia, CROEM; President of the Asociación para el Progreso de la Dirección en la Región de Murcia, APD and Honorary President of the Asociación Murciana de la Empresa Familiar (Amefmur).
Date of appointment:
First appointment: May 19, 2011
Last reelection: June 11, 2020
Other boards of directors:
- Chief Executive Officer of Grupo Corporativo Fuertes, S.L.
Javier Adroher Biosca
VOCAL
Kind:
Proprietary (as proposed by Disa Corporación Petrolífera, S.A.)
Professional and biographical profile:
Education: Degree in Economics and Business Administration (Business and Business Economics) at C.U.N.E.F. (Colegio Universitario de Estudios Financieros) by the Universidad Complutense de Madrid. Executive M.B.A. at I.E.S.E. (Instituto de Estudios Superiores de Empresa) Madrid.
He has taken advanced courses in financial counseling, technical analysis and company assessment at the Instituto de Estudios Bursátiles (I.E.B).
Javier Adroher is a trustee of the Sacyr Foundation.
Date of appointment:
First appointment: May 19, 2011
Last reelection: June 11, 2020
Other boards of directors:
- Director of Rincasa SICAV (on behalf of Bicar, S.A.)
- Director of Istria Capital SCR-Pyme
- Director of Bicar, S.A.
Augusto Delkader Teig
DIRECTOR
Kind:
Independent
Professional and biographical profile:
Education: Studied Law, Journalism and Business Management. Fellow of the first Spanish graduating class of the German Marshall Fund.
Experience: Augusto Delkader has developed his professional activity mainly in the management of communication companies, leaders in the Spanish-speaking markets. As CEO of PRISA/RADIO, he was responsible for the implementation and development of the company in Latin America.
He is a member of the Social Sciences Council of the Ramón Areces Foundation and a member of the Advisory Board of the Joly Group.
He has received several awards throughout his professional career, among them, his appointment as Honorary President of Cadena Ser.
Date of appointment:
First appointment: June 27, 2013
Last reelection: April 28, 2022
María Jesús de Jaén Beltrá
DIRECTOR
Kind:
Independent
Professional and biographical profile:
Education: Degree in Economics from the University of Alicante and MBA from the University of Houston (USA). She has outstanding certifications, such as the European Financial Advisor (EFA) Certificate, the Expert Certificate in Climate and Renewable Energy Finance by Frankfurt School of Finance & Management GGMBH, the Executive Program in Fintech and Digital Banking by AFI, the COSO Certificate in Internal Control by the AMERICAN INSTITUTE of CPAs and the Certificate of Best Practices in Corporate Governance by the Institute of Directors and Administrators (ICA).
Experience: María Jesús de Jaén has an outstanding track record, with more than 24 years of experience in the international banking sector, mainly in the risk area. She has worked for 16 years in the Santander Group and 8 years in Bankia, in key areas such as Credit Risk, Market Risk and Risk Management in general.
Her subsequent role was Risk Management Consultant at the Green Climate Fund (GCF), a United Nations-created fund for sustainable investments in developing countries based in South Korea. Her performance focused on the development of tools and the assessment of all Financing Proposals prior to their submission to the Board. She also maintained close engagement with other GCF divisions to ensure effective and efficient management of the numerous projects in the pipeline.
In recent years, she has played a leading role in advising sustainable green economy finance projects as a Risk Management Consultant at the Green Climate Fund and as an independent consultant on climate change mitigation projects.
Currently, she is an Independent Financial/Investment and Risk Consultant, focused on the assessment of project finance transactions from financial, investment and risk criteria. In addition, she works with clients in defining target markets for project finance, specializing in a sustainable "green" economy linked to climate change, providing technical support for structuring, financing and providing financial/investment advisory services.
She is Chairman of the Sustainability and Corporate Governance Committee of Sacyr, S.A. and a member of its Appointments and Remuneration Committee.
Date of appointment:
First appointment: June 7, 2018
Last reelection: April 28, 2022
Luis Javier Cortés Domínguez
Director
Kind:
Other External
Professional and biographical profile:
Education: Law Degree from the University of Granada. Doctor in Law from the University of Bologna (Italy).
Experience: Luis Javier Cortés has developed his professional career in the academic field as Professor of Trade Law at the Universities Autónoma de Barcelona, Pompeu Fabra and Alcalá (Madrid). Visiting Professor at Miami University (Florida, U.S.A.). Extraordinary Professor at the Instituto de Estudios Superiores de la Empresa (IESE). Director of the Master in Business Law at the Universidad de Alcalá (Madrid) / Centro Internacional de Estudios Financieros (C.I.F.F.).
Author of books and articles on Corporate Law, trade contracts and financial markets. Member of the Editorial Board of the Revista de Derecho Mercantil.
Former Member of the Advisory Committee of the Comisión Nacional del Mercado de Valores (CNMV).
National and international arbitrator.
Practicing attorney since 1987. Founding Partner and Chairman of "Cortés, Abogados". Strategic advisor to large companies, both listed and family-owned. Has participated in numerous transactions and operations, national and international, of great importance, complexity and difficulty. Advisor on corporate governance matters.
Date of appointment:
First appointment: by co-option on November 6, 2019, ratified on June 11, 2020.
José Joaquín Güell Ampuero
Director
Kind:
Independent
Professional and biographical profile:
Education: Degree in Economics from Harvard (USA) and in Political Science from Sciences Po (Paris, France).
Experience: José Joaquín Güell has extensive experience in investment banking (at Lazard as Managing Director, Santander Investment and Merrill Lynch) in business management (as CFO and Managing Director of Grupo Recoletos) and in financial investment (Investindustrial). He is currently a Senior Member of the Industrial Advisory Board of Investindustrial.
He has been involved in national and international mergers and acquisitions for more than 20 years and has an extensive background in corporate management and financial advisory, as well as in financial and capital markets.
Date of appointment :
First appointment: June 7, 2018
Last reelection: April 28, 2022
Isabel Martín Castella
Director
Kind:
Independent
Professional and biographical profile:
Education: Degree in Economics and Business Administration from the Complutense University. Admitted by competitive examination to the Cuerpo Superior de Técnicos Comerciales y Economistas del Estado.
Experience: Isabel Martín began her professional career holding several positions at the Ministry of Economics, at the Ministry of Trade and Tourism and at the Instituto Nacional de Industria (currently, SEPI), where she was a member of the Board of Directors of three of its investee companies and took part in several privatization processes.
She has also developed her professional career in the academic field as a teacher at CECO in the preparation of candidates for the competitive examinations of Trade Technicians and as a teacher at the Universidad Nacional de Educación a Distancia (UNED) in the Postgraduate Course in International Trade.
As Deputy General Manager of Banco Hispano (merged Banco Santander) for thirteen years (1987-2000), she participated in the investment and financing of privatizations, in the financing of concessions and projects in general, in international operations in Europe, Latin America and Asia.
She was a member of the Boards of Directors of CESCE, COFIDES and Central Hispano Puerto Rico Inc.
From 2000-2006 she was Vice Chairman and Member of the Board of Directors of the European Investment Bank (EIB), the Financial Agency of the European Union. During 2007-2011 she held the position of Manager of the Madrid International Financial Center Association, to promote the Madrid Financial Center, creating, together with other European financial centers, the Roundtable of European Financial Centers.
In the years 2012-2013 she was Chairman of Sociedad Estatal España, Foreign Expansion. Between 2013-2017 she was Member of the Supervisory Board of ING GROEP N.V., of ING Verzekeringen N.V and of ING Bank.N.V. Also Member of the Audit Committee and of the Appointments Committee of ING GROEP N.V and of ING BANK N.V.
During 2017-2021 she was a member of the Board of Directors of UNICAJA BANCO S.A. where she was a coordinating director, Chair of the Risk Committee and member of the Audit and Compliance Committee. Between 2018-2020 she was a member of the Board of Directors of Bolsas y Mercados Españoles S.A., BME, where she was also a member of the Audit Committee.
Since 2017 is a member of the Advisory Board of GED SGCR.
She was a Trustee of the KONECTA Foundation, dedicated to developing initiatives for the integration of labor marginalized groups, in the years 2004 to 2017.
Isabel Martín is currently a member of the Audit Committee of Sacyr, S.A., where she was Chairman from 2017 to 2021, and is a trustee of the Sacyr Foundation.
Date of appointment:
First appointment: June 11, 2015
Last reelection: June 13, 2019
Other boards of directors:
- Director of GED Infrastructure SGCR.
Elena Jiménez de Andrade Astorqui
Director
Kind:
Independent
Professional and biographical profile:
Education: Law Degree from Universidad Complutense de Madrid (CEU San Pablo), PDG (General Management Program) at IESE Business School, Qualified Insurance Mediator - Insurance Broker of the Ministry of Economy (DGSFP) - General Directorate of Insurance and Pension Funds (DGSFP).
Experience: Elena Jiménez de Andrade has developed her professional career in the field of general management of business consulting oriented to insurance and personal and property risk management, with high specialization in the sectors of innovation and digital transformation, promoting change in all the evolutionary processes of the insurance sector and digital ecosystem of insurance distribution.
She has extensive knowledge in project management for the implementation of new digital business models, involving mission-critical IT services and business continuity, with special dedication to the management and analysis of cyber risks and management of the global corporate strategy in the R&D area.
Since 2013, she has been President of the Professional Association of Insurance Intermediaries of Madrid. She has been national President of the General Council of the Spanish Insurance Intermediaries Association, incoming President of the World Federation of Insurance Intermediaries and advisor of the Pan-American Confederation of Insurance Producers. She is an advisory member in different advisory boards of companies related to the insurance industry.
Date of appointment:
First appointment: May 9, 2019 by co-option and ratified on June 13, 2019.
Raimundo Baroja Rieu
DIRECTOR
Kind:
Proprietary (as proposed by Disa Corporación Petrolífera, S.A.)
Professional and biographical profile:
Education: Civil and Structural Engineer from the University of Sheffield, United Kingdom.
Experience: Raimundo Baroja began his professional activity in the construction industry in England, working with John Laing, and then moved on to the world of consulting with Heredia & Moreno and Torán & Cía. in Spain and in the Middle East (Iraq). Subsequently, he joined the Australian group Pioneer Concrete, linked to the manufacturing and distribution of construction materials and ready-mixed concrete, performing management tasks in Spain and Austria, where he held the position of Country Manager.
Following the decriminalization of gambling in Spain, he was hired by the Cabildo Insular de Tenerife for the implementation and management of gambling casinos, through a public company owned by the Cabildo, developing and managing a network of three casinos on the island (Casinos de Tenerife).
He joined the Disa Group in 1988, where he was Commercial Director, General Manager and later Chief Executive Officer (CEO), leaving this position to currently hold the position of Vice-Chairman of the Board of Directors and Chairman of the Audit Committee of Disa Corporación Petrolífera, S.A., and Chairman of the DISA Foundation. He is also a director and member of the Audit Committee of the brewing company SA. DAMM.
He has been Chairman of AOGLP (Spanish Association of Liquefied Petroleum Gas Operators) and member of the Hydrocarbons Advisory Board of the National Energy Commission; member of the Board of Directors of Corporación de Reservas Estratégicas de Productos Petrolíferos (CORES); member of the Board of Directors and Chairman of the Audit Committee of Compañía Logística de Hidrocarburos S.A. (CLH). He has also been Chairman of the Social Council of the University of La Laguna (Tenerife).
At the European level, he has been Vice-President of the Union Pétrolière Européenne Indépendante in Brussels (UPEI) and coordinator of Strategic Stocks of Petroleum Products policy.
Date of appointment:
First appointment: February 25, 2021 by cooptation and ratified on April 29, 2021.
Other boards of directors:
- Vice President, Disa Corporación Petrolífera, S.A.
Ana María Sala Andrés
Secretary non director
Professional and biographical profile:
She joined CORTÉS ABOGADOS in 2005 and she has been a Partner in the Firm since 2014.
Degree in Law, Autonomous University of Barcelona; Master’s Degree in Comparative Law, Autonomous University of Barcelona; LL.M. University of California at Berkeley (USA); Doctor in Law, Pompeu Fabra University, Barcelona. Assistant Professor, Pompeu Fabra University, Barcelona; Director of Law Studies at the Virtual University UOC, Barcelona.
Author of books and publications on Commercial Law.
Extensive experience in corporate practice, mergers and acquisitions operations, in the contract area, and in participation in national and international arbitrations. He develops his professional practice at the national and international level. She has advised, in particular, on corporate governance and sustainability to listed and unlisted companies in Spain, has participated in the restructuring and refinancing of national and international corporate groups, has advised Family Offices in the development of its activities, has participated in OPVs and OPAs, and has extensive practice in international arbitration.
Date of appointment:
July 29, 2020
Alfonso Aguirre Díaz-Guardamino
Vice secretary non director
Professional and biographical profile:
Five years degree of Law from the CEU San Pablo University of Madrid,
He has been an internal lawyer of the company "Sacyr" (1991/1995); legal advisor of "Auxini, S.A." (1995/1998); member of the Legal Advisory of "ACS Proyectos Obras y Construcciones, S.A." (1998/2000); Director of the Legal Advisory of "Cobra Instalaciones y Servicios, S.A." (2000/2015) and Director of the Legal Department of "ACS, Servicios Comunicaciones y Energía, S.L." (2015/2016)..
He has been a member of the Boards of Directors of numerous companies integrated in the Corporate ACS Industrial Group.
He currently holds the position of Vice- Secretary of the Boarding Directors Meeting of Sacyr, S.A. and its Committees, member of the Regulatory Compliance Unit and Director of the Legal Business Advisory of the Sacyr Group.
Date of appointment:
February 28, 2018
Meetings held and attendance
The following tables disclose the attendance information to the Board of Directors and Commissions meetings for the year 2022.
Attendance to the Board of Directors meetings
| Meetings held in 2022 | 10 |
|---|---|
| Mr. Manuel Manrique Cecilia (Chairman) | 100% |
| Mr. Demetrio Carceller Arce (Vice-chairman) | 100% |
| Mr. Juan María Aguirre Gonzalo (Lead independent director) | 100% |
| Prilou, S.L. (Mr. José Manuel Loureda Mantiñan) | 100% |
| Grupo Corporativo Fuertes, S.L. (Mr. Tomás Fuertes Fernández) | 100% |
| Mr. Javier Adroher Biosca | 100% |
| Mr. Augusto Delkader Teig | 100% |
| Mrs. María Jesús de Jaén Beltrá | 100% |
| Mr. Luis Javier Cortés Domínguez | 100% |
| Mr. José Joaquín Güell Ampuero | 100% |
| Mrs. Isabel Martín Castellá | 100% |
| Mrs. Elena Jiménez de Andrade Astorqui | 100% |
| Mr. Raimundo Baroja Rieu | 100% |
Attendance to the Executive Commission meetings
| Meetings held in 2022 | 8 |
|---|---|
| Mr. Manuel Manrique Cecilia (Chair) | 100% |
| Mr. Demetrio Carceller Arce | 100% |
| Prilou, S.L. (Mr. José Manuel Loureda Mantiñan) | 100% |
| Mr. Augusto Delkader Teig | 87,5% |
| Mr. Luis Javier Cortés Domínguez | 100% |
Attendance to the Auditing Commission meetings
| Meetings held in 2022 | 9 |
|---|---|
| Mr. Juan María Aguirre Gonzalo (Chair) | 100% |
| Mr. José Joaquín Güell Ampuero | 100% |
| Mrs. Isabel Martín Castellá | 100% |
Attendance to the Naming and Retributions Commission meetings
| Meetings held in 2022 | 4 |
|---|---|
| Mr. Augusto Delkader Teig (Chair) | 100% |
| Mr. Demetrio Carceller Arce | 100% |
| Prilou, S.L. (Mr. José Manuel Loureda Mantiñan) | 100% |
| Mrs. María Jesús de Jaén Beltrá | 100% |
| Mrs. Elena Jiménez de Andrade Astorqui | 100% |
Attendance to the Sustainability and Corporate Governance Commission meetings
| Meetings held in 2022 | 4 |
|---|---|
| Mr. María Jesús de Jaén Beltrá (Chair) | 100% |
| Mrs. Elena Jiménez de Andrade Astorqui | 100% |
| Mr. Augusto Delkader Teig | 100% |
| Grupo Corporativo Fuertes, S.L. (Mr. Tomás Fuertes Fernández) | 100% |
| Mr. Luis Javier Cortés Domínguez | 100% |