Ana Pinho Macedo Silva leaves TAP’s board of directors

  • ECO News
  • 6 January 2021

After the departure of managers linked to private shareholders, Antonoaldo Neves and Humberto Pedrosa, it was Ana Pinho Macedo Silva's turn to leave the Portuguese company.

TAP’s board of directors will undergo further changes. After the departure of managers linked to private shareholders, Antonoaldo Neves and Humberto Pedrosa, it is now a manager appointed by the Portuguese government who is leaving the company: Ana Pinho Macedo Silva.

The termination of TAP’s duties as a member of the board of directors took effect on 31 December 2020, the cause being that Ana decided to resign from her position. According to ECO, her resignation was linked to the limitations on her status as a public manager that she faced when the State became the owner of 72.5% of TAP.

In addition to her duties at TAP, she is also a member of the board of directors and executive committee of the Fundação de Serralves, manager of the real estate agency Anapin and director of the Commercial Association of Porto.

Ana Pinho Macedo Silva had held the position since June 2017 and had been reappointed to her current term of office by a proposal of the State. Although she had no previous experience in the aviation sector, the then Minister of Planning and Infrastructure, Pedro Marques, explained that she had been chosen for her “extensive experience in leading organisations.”

Ana Pinho was one of six members of TAP’s board proposed by the State. The others were chairman Miguel Frasquilho, Diogo Lacerda Machado, Esmeralda Dourado, Bernardo Trindade and António Gomes de Menezes. These remain in TAP’s administration.

ECO contacted TAP and the government to try to understand the reasons for the departure and whether they would be related to the airline’s restructuring, but it was not possible to get a response until the publication of this article.