PROFILE
GOVERNANCE AND
OPERATIONAL STRUCTURE
Ibersol – SGPS, SA, is an open corporation with share capital of 24,000,000
€, based at Edifício Península, Praça do Bom Sucesso, no. 105 to 159 – 9th
floor, 4150-146 Porto, Portugal. It is registered in the Commercial Registry of
Oporto with the single registration and tax identification number 501669477.
The following governing bodies participate in the company’s governance:
• General Shareholders’ Meeting
• Board of Directors, comprising three directors, two of which hold executive
powers (Executive Committee);
• Audit Committee;
• Chartered Accounting Firm
The General Assembly deliberates about the plan and policies to follow during
the financial year.
The strategy and objectives of the company’s activity are determined by the
Executive Committee, coordinating with the central departments and each
business as well as the shared services, depending on the evaluation of
results, on a regular quarterly basis. Major decisions are likewise examined
monthly by the Executive Committee together with each of its departments.
Functional Structure of the Ibersol Group
Ibersol’s management is result-oriented by means of monitoring indicators
and objectives, and based on action programs and plans aiming for cons-
tant improvement in order to increase the efficiency and effectiveness of
key processes and operations, with a view to keeping costs down, minimi-
zing waste and increasing productivity, profitability and satisfaction.
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