The public financial institution’s Supervisory Board is joined by three new independent members and two proprietary members. Following these appointments, the ICF’s highest governing body now consists of its Chair, CEO, three proprietary directors and six independent directors.

The Catalan Government has today signed off on the appointment of three new independent members and two proprietary members to the Supervisory Board of the Institut Català de Finances (ICF), the highest governing body of the Catalan public financial institution.

The new independent members are Joan B. Casas Onteniente, PhD in Economics, former chair of the Association of Economists of Catalonia and a founding partner at consultants Faura-Casas; Xavier Puig Pla, PhD in Business Administration and a graduate in Economics and Business Studies, partner at Gesiuris Asset Management and Deputy Chair of Cat Patrimonis Sicav; and Pilar Soldevila i García, PhD in Business Administration, a graduate in Economics and manager of the Barcelona School of Management (BSM) at Pompeu Fabra University. Jordi Cabrafiga Macias, Secretary General of Economy and Finance, and Núria Cuenca León, Secretary General of the Presidency, have joined the Board as proprietary directors.

Following these appointments, the ICF’s highest governing body now consists of its Chair, CEO, three proprietary directors and six independent directors as required by the regulations for public credit institutions which stipulate that there must be a majority of independent members.

The appointments have been made following a positive report from the ICF’s Supervisory Board on their suitability, knowledge and experience as required by European and national regulations for credit institutions.

About the ICF

The Institut Català de Finances is Catalonia’s public financial institution. Its main mission is to foster funding for the business community in Catalonia in order to support the growth, innovation and sustainability of the Catalan economy. The ICF acts as a complement to the private sector by offering a wide range of financing solutions focusing on loans, guarantees and venture capital. Since 2014 it has been a member of the European Association of Public Banks (EAPB) which brings together most of the public banks and financial institutions operating in Europe.

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