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Curriculum Vitae

Members of the Board of Directors

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Mr Xabier Sagredo Ormaza

Portugalete, Spain, 1972

Type

Independent director.

Committees

Chair of the Audit and Risk Supervision Committee.

Date of appointment and re-election as director of Iberdrola, S.A.

  • 8 April 2016
  • 19 February 2019
  • 29 March 2019
  • 28 April 2023

Holdings in share capital of Iberdrola, S.A.

45.075 shares (0,001%).

Professional profile and biographical data

Other current positions and professional activities

  • He is chair of the Board of Trustees of Bilbao Bizkaia Kutxa Fundación Bancaria-Bilbao Bizkaia Kutxa Banku Fundazioa and of BBK Fundazioa.
  • He is a trustee of Biocruces Sanitary Research Institute, of the Bilbao Museum of Fines Arts and of the Guggenheim Foundation, at which he also serves as member of the Executive Committee. Also, he is a member of the Board of Directors of Instituto Vasco de Competitividad Orkestra and of the Management Council of Universidad de Deusto, and collaborates as visiting proffesor in several institutions.

Academic training

Degree in Economics and Business from Universidad del País Vasco, with a major in finance, and holder of several postgraduate degrees in different subjects and also of certified training on information technology risks.

Noteworthy experience in the energy and industrial engineering sector

He has been a director of Iberdrola Generación, S.A. (Sociedad Unipersonal) and a member of its Audit and Compliance Committee, as well as a director of Iberdrola Distribución Eléctrica, S.A. (Sociedad Unipersonal), at which he has held the position of chair of the Audit and Compliance Committee.

Noteworthy experience in other industries

  • He has been the director of the Expansion and Assets area of the credit institution Ipar Kutxa, managing director of the concessionaire Transitia, and a member of the Board of the Bilbao Port Authority.
  • In addition, he has been chair and vice-chair of the Board of Directors of Caja de Ahorros Bilbao Bizkaia Kutxa, Aurrezki Kutxa eta Bahitetxea (BBK), and chair of its Audit Committee, as well as chair of the Board of Trustees of Fundación Eragintza.
  • In 2021 he received the “Top Talent Saria CEO” award from Grupo Noticias. In 2022 he received the “Tu Economía” award, in the Best Business Management category, by La Razón, and was also recognized in the Financial Organization category in the I Edition of the Carlos V Awards for Excellence Business, of Sociedad Europea de Fomento Social y Cultural. He was also elected CEO of the Year in the IX Edition of Premios Capital.