Composition of the Supervisory Board
Triodos Bank’s articles of association determine that the Supervisory Board consists of three or more members.
At present, it has eight, of British, Belgian, Spanish and Dutch nationality. The composition of the Board did not change during 2012.
Mr Marcos Eguiguren Huerta was re-appointed for a second term at Triodos Bank’s Annual General Meeting, following a newly adopted internal procedure for reviewing nominations and re-appointments.
The Supervisory Board aims to be well-diversified, with an adequate balance of nationalities, age, experience, background and gender. In particular, the Supervisory Board’s objective is for no more than 70% of its seats to be held by either gender.
In 2012 six Supervisory Board members were male (75%), and two female (25%). Gender diversity has been an important element in the re-appointment procedure for a member of the Supervisory Board in 2012. After careful consideration however, Mr Marcos Eguiguren Huerta was unanimously considered to be the best candidate and proposed for re-appointment. Gender diversity will continue to be an important element in the recruitment and re-appointment procedures for Supervisory Board members in the future.