Two changes in the BCP executive committee. Miguel Maya to remain in post until 2029
There are two changes to BCP’s executive committee and a further five to the board of directors, which will welcome Madalena Tomé, former chair of SIBS.
Miguel Maya and Nuno Amado are to be reappointed to lead BCP until 2029 as CEO and chairman, respectively, but the bank is preparing for two changes to the executive committee and a further five to the board of directors.
Directors Rui Teixeira (retail) and José Silva Pessanha (risk) are stepping down and will be replaced by António Pinto Júnior (who joins from BCP’s Polish bank) and Miguel Manso (currently BCP’s chief risk officer), according to the proposal to be voted on at the general meeting scheduled for 7 May.
As for Miguel Bragança (finance director), João Nuno Palma and Maria Campos, they will also be reappointed to their posts for the new term, as will Miguel Maya.
At the board level, which will continue to be led by Nuno Amado, five women are stepping down: Altina Villamarin, Ana Paula Gray, Cidália Lopes, Esmeralda Dourado and Lingjiang Xu. They will be replaced by five other women: Madalena Tomé (formerly of SIBS), Isabel Gil, Carla Bambulo, Maria João Almeida and Patrícia Lopes Viana.
There are also changes to the chairmanship of the general meeting, with Pedro Rebelo de Sousa being replaced by Cortes Martins as chairman.
The agenda for BCP’s general meeting is extensive, and also includes the approval of last year’s accounts (profits of over €1 billion) and the new dividend policy, which involves an increase in the share buyback component.
The bank will allocate 50% of its profits as dividends and up to 40% through a share buyback programme.
The bank has two major shareholders: Fosun and Sonangol, both holding around 20%. But changes may be on the way. The Chinese group may be set to exit the Portuguese bank’s capital, according to Expresso.
