The Board has three support committees, which are appointed by itself, and are composed by board members and company officers. The compensation of its members is established by the Shareholders Meeting, taking into account the structure, duties and responsibilities of each committee, as well as personal and professional qualities of its members, the time to devote to their activity and their experience.
The members of the Board of Directors are paid a monthly fee, regardless of their attendance to the meetings. They also receive an amount equal to the monthly fee for each Board Committee meeting in which they participate.
The monthly compensation of members of the Board is:
April 2017 – March 2018 April 2018 – March 2019
COP$6.900.000.oo COP $ 7.200.000.oo.
Self assessment of the board
To see a summary of the selft assessment of the Board of Directors in 2017, click here.