WCD panel discussion

Cefeidas Group’s Managing Director, Santiago Chaher moderated a panel discussion today on the role of independent directors, at an event organized by WomenCorporateDirectors‘ (WCD) Argentine Chapter.

The panel discussion provided attendees with insight into the relationship between an independent director, the board, an organization’s top-ranking executive and its senior management team.

Participating on the panel were: YPF President, Miguel Gutiérrez and one of the company’s independent directors, Inés Leopoldo; Grupo Supervielle President, Patricio Supervielle and independent director, Maria Gabriela Macagni (also Co-Chair of WCD’s Argentine Chapter); and National Securities Commission (CNV) President, Marcos Ayerra and CNV Director, Rocio Balestra.

Mr Chaher said, “as trustees of shareholder interests, independent directors play an important supervisory role. By objectively questioning the conduct of organizations, they help to ensure compliance with international corporate governance principles and standards”.

Also speaking at the event were: Hector Orlando, Vice-President of the Buenos Aires Stock Exchange (BCBA), Tamara Vinitzky, KPMG Partner and Co-Chair of the WCD’s Argentine Chapter and Gabriela Terminielli, independent director of CADEC S.A. and Co-Chair of WCD’s Argentine Chapter.

WCD is the world’s largest membership organization and community of women corporate board directors, who serve on more than 8,500 public and private boards around the world.

Mr Chaher attended the event in his capacity as Cefeidas Group Co-Managing Director and Co-Director of the University of San Andres (UdeSA) Corporate Governance Program.

In the press