V Television and Oporto Wine Cellars Representing Abanca
Abanca presented last month the annual corporate governance report of the bank at the Comisión Nacional del Mercado de Valores (CNMV); it is about a document in which, in addition to the remuneration of its directors and executives, it shows the representation they exercise in other companies within the group.
The president of the bank, Javier Etcheverría, apart from the place corresponding to his charge, does not occupy other consultant charge’s place. However, vice president Juan Carlos Escotet, is in charge of being the visible face of Abanca Industrial and Business Corporation into two companies outside the financial activity.
The first company is Medios Audiovisuales de Galicia (V Television), in which Abanca Corporation – represented by Escotet – holds the position of vice president, in addition to a counselor. The other company is Sogevinus which is the company that manages the Oporto wine cellars, promoted by Julio Fernandez Gayoso at the stage of Caixanova. His name is on the list of assets for sale of the entity.
Apart from these companies, Juan Carlos Escotet is ranked in the counselor charge of Abanca Vida y Pensiones, representing Business Corporation Holding and Assets of Galicia, as well as the president in Abanca Holding Financiero, SA, which is a firm that controls 86, 79% of the bank’s capital.
About V Television
V Television is a television broadcast open in Galicia, Spain. It is the television channel of the Grupo Voz, which grid is made up of news programs, talk shows, and the famous docushows.
About Oporto Wine Cellars
The CEO of Caixanova, Julio Fernández Gayoso is proud today about the new negotiations about Oporto wine. He presented the details of buying Barros, stocks of Oporto wine in the hands of the box that now reach 23 million liters, to which two million more stocked table wine certified with the Designation of Origin Douro must be added.