Pablo Island will continue at the Board of the Amancio Ortega Foundation

The president of Inditex, Pablo Isla, will continue at the Board of the Amancio Ortega Foundation, despite its dissatuation of the textile company, in which Mar

Pablo Island will continue at the Board of the Amancio Ortega Foundation

The president of Inditex, Pablo Isla, will continue at the Board of the Amancio Ortega Foundation, despite its dissatuation of the textile company, in which Marta Ortega will assume the presidency on April 1, 2022, as confirmed in sources of the institution.

In this way, island will continue to be part of the organization chart of the Foundation chaired by Amancio Ortega and composed of his wife, Flora Pérez Marcote (First Vice President), José Arnau Sierra (Second Vice President), Marta Ortega, Pablo Island, Roberto Cibeira and Antonio Abril As vowels.

The General Directorate is in the hands of Oscar Ortega Chávez, while the Secretariat of the Board and Legal Area corresponds to Jaime Carrol Merchán.

Pablo Island joined the Board of the Amancio Ortega Foundation in 2005, the same year in which he was appointed Vice President and CEO of Inditex.

The Amancio Ortega Foundation is a non-profit institution resulting from the experience of its founder and his desire to contribute to a better society and designs and manages projects according to the strategy determined by its patronage, chaired by its founder.

Their programs share the objective of creating opportunities for their beneficiaries, acting a priority in two key sectors for a quality life: education and social welfare.

Pablo Isladejara the presidency of Inditex in the hands of Marta Ortega, daughter of the group founder, Amancio Ortega, with a network of more than 6,600 stores in the world, benefits and record sales and a stock market revaluation of almost 900% during his stage In front of the company.

In 2020, island was elected by Forbes as the best delegated director of the decade for his work at the head of the Galician giant, after multiplying the value of the company by seven, exporting it to the five continents, adapt it to new technologies online and establish Sustainability as the main reference axis of its activity.

Two years earlier, in 2018, the executive repeated for the second consecutive year as the best executive director of the world according to the prestigious business magazine 'Havard Business Review'.

Isla, Executive President since 2019, previously performed the position of CEO of the Group since 2005, and from President and Chief Executive Since 2011.

Bachelor of Law from the Complutense University of Madrid (1987) is a state lawyer, with the number one of his promotion (1988). Between 1992 and 1996, he was director of the Legal Services of Banco Popular. Later he was appointed General Director of the Heritage of the State in the Ministry of Economy and Finance.

Since July 2000 until 2005, he was president of the Altadis group. He is currently Independent Counselor of Nestlé. Likewise, he is a member of the Advisory Board of the Massachusetts Institute of Technology (MIT) and the Advisory Council of the School of Management and Economy (SEM) of the Tsinghua University.

Date Of Update: 10 December 2021, 05:21

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