Iberdrola appoints former PP minister Isabel García Tejerina as independent director

Iberdrola’s board of directors has agreed to appoint the former minister as an independent director Isabel Garcia Tejerina. The one who was head of Agriculture in the Government of Mariano Rajoy At the end of September 2020, he had already joined the board of directors of Neoenergía, Iberdrola’s subsidiary in Brazil.

With this appointment, the company fills the vacancy caused by the resignation of Samantha Barber and for the term that remains until the general shareholders’ meeting meets. In the same way, it has agreed to appoint García Tejerina as a member of the Sustainable Development Commission, also at the proposal of the Appointments Commission, reports Europa Press.

Her appointment as an independent director of Neoenergía was parallel to that of Fátima Báñez, former Labor Minister also with Rajoy, as director of the company’s Mexican subsidiary. It is not the first meeting of García Tejerina with the private sector after his departure from politics. In March 2020 he signed as senior advisor by the consulting firm EY.

The list of politicians from the PP and PSOE who have occupied seats on the boards of directors of the electricity companies is almost endless. One of the latest cases is that of the socialist Antonio Miguel Carmona, who signed as Vice Chairman of Iberdrola in October.

Last year, the electric company recovered Ángel Acebes. The former minister in the Government of José María Aznar ceased to be an independent director in 2019 after serving seven years in the position. In that period of time, a total of 2.19 million euros gross. In October 2020 he returned to the board of the company.

Another of the latest Iberdrola signings was former CNI director Félix Sanz. The former military man joined the electricity company in July 2020 for one of its advisory bodies.

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