mc.yandex.ru
Chat with luzia
+
1/0

Administration

Board of directors

Para revisar la información de los miembros de nuestra Junta Directiva haga clic en los botones Corporate governance

To review the information of the members of our Board of Directors click on the buttons.

 

Board Meeting Attendance

The average attendance of our Board of Directors in 2020 was 94,51%*.

Average tenure

Our Board of Directors average tenure in 2020 was 5,29 years.

Board Mandates

In accordance with Colombian legislation, in stock companies, no one can be appointed to or simultaneously hold a position as Director on more than five boards, provided they accept them. In accordance to the legislation, Celsia restrict the participation of the members of its Board of Directors to a maximum of 4 other boards.

More Information

See Statement_of_Independence

See the independence criteria of Board of Directors

In accordance with the statutory reform approved by the General Assembly of Shareholders of Celsia S.A. E.S.P. on March 27, 2019, the period of the Board of Directors of the company will be for one year. This would allow the shareholders to review year by year the management of the members of the Board of Directors and opt for their re-election or change if required.

Skill matrix

Board of director skill matriz
Skill, experience and expertise Diversity
Director Other boards in experience Risk Internal control Corporate finance Trading/Comercial Issues Utilities sector Crisis Management Legal ESG experience Gobernment/public policy Ethics quality International experience geographic Gender
Jorge Mario Velásquez MED M
Alejandro Piedrahita MED M
Refael Olivella MED M
Maria Fernanda Mejía CALI M
Maria Luisa Mesa BOG M
David Yanovich BOG M
Eduardo Pizano BOG M

Remuneration of the Board of Directors

The General Shareholders’ Meeting approved for the period between April 2021 and March 2022, a monthly fee of COP $7.000.000 per Board and COP $7.000.000 for Board Committees. People connected with Grupo Argos SA receive no compensation for their participation in Board Committees.

Assessment of the Board of Directors

Support Committees

To attend in a more effective manner its responsibilities, the Board of Directors has three permanent committees that provide support regarding the establishment of policies and actions to improve social management.

These three committees are: Sustainability and Coporate Governance Committee and Appointment and  The Audit, Finance and Risk  has only management functions, it is not a decision making body, contrary to the Governance and Remuneration Committees which, in specific occasions may be delegated with decision making capacities by the law, the articles of association/by-laws or the Board of Directors.

These committees are formed by three (3) members of the Board of Directors, who shall be appointed by the Board itself. At least one (1) of the three (3) members must be independent, without prejudice to the minimum number of independent members who by Law must form the Audit Committee.

  • The Audit, Finance and Risks Committee shall meet at least quarterly or as indicated by the Law or the Bylaws, or when the needs so warrant. The Corporate Governance Committee, shall meet at least once every six months, or when the needs so warrant.
    Members:  María Fernanda Mejía, David Yanovich and Eduardo Pizano.
  • The Appointment and Remuneration Committee shall meet with the same minimum frequency.
    Members:  Jorge Mario Velásquez, Rafael Olivella and David Yanovich.
  • The Sustainability and Corporate Governance Committee: shall meet at least twice a year or when the needs so warrant.
    Members: Jorge Mario Velásquez, Rafael Olivella and María Luisa Mesa

*All members of the Audit, Finance and Risks Comittee are independent.

For more information about committees functions, click here.

Management team

Ricardo Sierra

CEO

View curriculum vitae

Claudia Salazar

Human and Administrative Management Leader

View curriculum vitae

Marcelo Álvarez

Generation Leader

View curriculum vitae

Luis Felipe Vélez

Comercial Leader

View curriculum vitae

Juan Manuel Alzate

Innovation Leader

View curriculum vitae

Santiago Arango Trujillo

Corporate Affairs Leader

View curriculum vitae

Javier Gutiérrez

Centroamérica Leader

View curriculum vitae

Julian Cadavid

Transsmition and Distribution Leader

View curriculum vitae

Esteban Piedrahita

Finance Leader

View curriculum vitae

Remunaration of the Management team

In 2019, the total compensation (including variable compensation) was $ 15.689.204.513 of which $5.646.722.449 corresponds to variable compensation.

Long term program

 

Representavies

Ricardo Sierra

CEO

View curriculum vitae

Claudia Salazar

Human and Administrative Management Leader

View curriculum vitae

Marcelo Álvarez

Generation Leader

View curriculum vitae

Esteban Piedrahita

Finance Leader

View curriculum vitae

Santiago Arango Trujillo

Corporate Affairs Leader

View curriculum vitae

Oskar Eduardo Zorrilla

Corporate Affairs

View curriculum vitae

Javier Gutiérrez

Centroamérica Leader

View curriculum vitae

Corporate auditing

 

Sandra Liliana Romero

 

Public Accountant of the University of Medellín, specialist in Risk Management and Insurance at EAFIT University and Certified Internal Auditor – CIA, awarded by the Institute of Internal Auditors. He has 16 years of experience in auditing, six of which worked at Pricewaterhouse Coopers, taking the last position as Senior Auditor. He has been part of the Internal Audit of Celsia since 2008.

Statutory Auditor in charge of KPMG S.A.S. for the period april 2021 – march 2022: COP  $151.878.499 plus VAT.

 

Corporate documents

Cybersecurity Policy

Establish all the organizational, technical, physical and legal measures to identify, protect, detect, respond to and receive critical cyber assets in order to achieve compliance with the laws, rules and regulations in effect that apply to the Organization.

More information

Relationship Policy between companies linked to the Argos Business Group

This Policy aims to establish the rules and principles which must observe the companies that are part of the Argos Business Group, its directors, administrators and employees, both in their economic, legal, administrative and operational relationships, to seek to contribute to the strengthening of the value of business, the preservation of the reputation, identity consolidation organizational and unifying criteria.

More information

Gender equality policy

Celsia and its affiliated companies, in accordance with its human rights and diversity and inclusion policies, promotes gender equality as a key element of its organizational culture.

More information

Management of transactions with affiliated companies policy

Grupo Argos is a conglomerate of companies committed to generating sustainable value in the long term, by adopting and implementing high standards of corporate governance and a balanced vision of the sustainability of the business organization.

More information

Antitrust Policy

At Celsia S.A. E.S.P. we are committed to free and fair economic competition, understood as participation in the markets that are free from behaviors that, individually (unilaterally) or via agreements, prevent, restrict or impede the natural development of variables and conditions of competition.

More information

Purchase and Hiring Handbook

This Manual contains the standards and policies that require compulsory compliance in the process of acquiring goods and services for Celsia S.A. E.S.P.
The provisions contained herein are complementary to Celsia’s Corporate Code of Conduct and Anti-fraud Policy, therefore, these documents are of compulsory compliance on the part of Celsia’s employees, as well as suppliers of goods and services.

More information

Sustainability Policy

This Manual contains the standards and policies that require compulsory compliance in the process of acquiring goods and services for Celsia S.A. E.S.P.
The provisions contained herein are complementary to Celsia’s Corporate Code of Conduct and Anti-fraud Policy, therefore, these documents are of compulsory compliance on the part of Celsia’s employees, as well as suppliers of goods and services.

  • Responsible definition of guidelines in this matter: Sustainability Committee of the Board of Directors.
  • Responsible for the management of the policy: Sustainability Leader who is part of the Vice Presidency of Corporate Affairs.

More information

Environmental Policy

Celsia recognizes the importance of environmental conservation and the rational use of natural resources, by promoting the use of low-carbon energy and diversifying its offering of products and services to improve people’s quality of life.

More information

Social Policy

Through this policy, Celsia defines the framework of action for employees and establishes the relations principles for social management, based on respect, transparency and building trust, always giving their best to grow together.

More information

Personal Data Processing Policy

Celsia S.A. E.S.P. in compliance with Law 1581 of 2012, and Regulations Decree 1377 of 2013, that regulate the collection and processing of personal information, emits the following document that develops the personal information processing policies of the Company.

More information

Fraud, Bribery and Corruption Risk Management Policy

Under development of the Code of Business Conduct, Celsia S.A. E.S.P. (hereinafter Celsia or the Company), has decided to implement a system to manage the risk of Fraud, Bribery and Corruption, with the goal of establishing control measures aimed at preventing their occurrence.

More information

Tax Policy

the Companies adopt a strategic vision regarding optimal operating schemes and fiscal optimization in order to maximize value creation, taking advantage of the tax benefits whilst achieving business sustainability, all of these under a close observation of the law. A proper, efficient and organized fiscal policy mitigates the risks that arise from tax application.

More information

Information Segurity Policy

More information

Quality Policies

To provide services of generation and trading of electric energy and gas natural trading characterized by punctuality, availability and reliability of generation resources, compliance with legal and regulatory requirements, and agreements made with our customers, seeking continual improvement of processes and with the participation of relevant partners.

More information

SIPLA

Celsia S.A. E.S.P. is a public limited company, public services supplier, issuer of ordinary shares and ordinary bonds registered on the Colombian Stock Exchange (“BVC”) and which circulate in a dematerialized manner.

See also: Certification of implementation of control mechanisms on the prevention of money laundering and terrorism financing

More information

Human Resources Policy

Establish a framework for action so that the Company-Employee relationship can be built, developed, and maintained in a work environment conducive to high performance and commitment, which contributes to employee development and the generation of value for the Company. These policies are applicable to all employees.

Comprehensive Compensation Policy. Click here to read the document

 

Human Rights Policy

Celsia, in line with our corporate strategy, declares our commitment to respect and promote Human Rights. We promise to carry out our business operations in keeping with the Universal Declaration of Human Rights and in accordance with the regulatory systems applicable in the countries where we conduct business activities. These regulations and principles will continue to guide our actions, how we achieve results, and the Company’s sustainability.

More information

By-laws

Click on the link to see the complete document of Our Bylaws.

More information

Code of Good Corporate Governance Celsia

The Board of Directors for Celsia S.A. E.S.P. (hereinafter, “Celsia” or the “Company”) addressing the rules governing the public securities exchange in Colombia, but above all, aware of the importance of good corporate governance to its Shareholders, Investors and other Stakeholders, approves the Corporate Governance Code, which aims to reflect the philosophy and practices established that in this area will govern their performance.

More information

Code of Business Conduct

The Code of Business Conduct is a guide of behavior which complements our sensible and common sense criteria, to help us to adopt conducts making us proud and tending to the maintenance of a positive image of Celsia. Such Code drives us to responsibly encourage the generation of value. Thus, our Code of Business Conduct is a tool helping us to behave with the Integrity at every time as inspiring principle of the actions of Celsia

More information

Anual report of corporate governance 2018

Click on the link to see the complete document of our anual Report of Corporate Governance 2018.

More information

Anual report of corporate governance 2017

Click on the link to see the complete document of our anual Report of Corporate Governance 2017.

More information

Best practices Celsia

Carbon Disclosure Project

It is an international non-profit organization that offers a global disclosure system on the environmental management of companies. More than 4,500 organizations report their environmental impact data to this organization.
Celsia is part of this report and in 2015 obtained 90 points in Disclosure (supply and quality of information) and D in actions to address risks and opportunities in climate change.

More information

International Center of Hydraulic Energy

The ICH is an institution supported by the Norwegian government that promotes the development and utilization of hydropower resources. It is internationally recognized as an organization with the ability to acquire and share knowledge and experience in order to strengthen the energy sector.

More information

Colombian Association of Generators (Acolgen)

A trade union organization made up of companies that generate electrical energy.

More information

National Association of Public Services and Communications Companies (Andesco)

Entity that associates the most important companies in the supply chain of electricity in Colombia and suppliers of goods and services in the electricity industry, it promotes the development, productivity and competitiveness of the sector and is a non-profit organization.

More information

Corporation Research and Technological Development centre – Colombian electricity sector (CIDET)

Entity that associates the most important companies in the supply chain of electricity in Colombia and suppliers of goods and services in the electricity industry, it promotes the development, productivity and competitiveness of the sector and is a non-profit organization.

More information

National Association of Entrepreneurs of Colombia (ANDI)

A non-profit organization working towards spreading and stimulating the conditions necessary for a healthy free market system.

More information

Icontec

Non-profit entity that provides services of standardization, education, evaluation and accreditation, among others, to different economic sectors.

More information

Colombian CIER Committee (COCIER)

A non-profit organization that groups together companies in the electric industry of Colombia. It promotes the integration and exchange of experiences within the industry companies.

More information

Commission of Regional Energy Integration (CIER)

Nongovernmental entity that integrates electricity companies and nonprofit agencies related to national electricity sectors of the ten Latin American countries.

More information

The National Operation Council (CNO)

Work to agree on the technical aspects to ensure the safety, reliability and economy of operation of the National Integrated System. It is the executor of the regulations of operation.

More information

Colombian Safety Council (CCS)

Nonprofit association that runs scientific and technological activities for the promotion, dissemination, adaptation, implementation and operation of technologies for industrial safety, occupational health and environmental protection. ocupacional y protección ambiental.

More information