Audit Committee

The Audit Committee is a body, within the Board of Trustees of the Foundation, responsible for supervising both internal and external audits, as well as receiving and monitoring any complaints regarding the Foundation’s activity.

This committee is composed by the non-executive members of the Board of Trustees:

– Graça Andresen Guimarães (President) (2023-2028);
– Pedro Norton (2023-2028);
– Jorge Vasconcelos (2022-2027);
– Isabel Capeloa Gil (2023-2028).

Remuneration Committee

The Remuneration Committee is a body, within the Foundation’s Board of Trustees, responsible for defining the policy and its objectives regarding the settling of remuneration and other compensations of the members of the Foundation’s social bodies.

This committee is composed by non-executive members of the Board of Trustees, appointed by the Board of Trustees:

– Pedro Norton (President) (2023-2028);
– Graça Andresen Guimarães (2023-2028);
– Jorge Vasconcelos (2022-2027);
– Isabel Capeloa Gil (2023-2028).

Investment Committee

The Investment Committee is an advisory body of the Foundation’s Board of Trustees on investment matters.

This committee is composed by three to five independent members of recognized prestige and reputation, appointed for periods of 3 years.

Composition of the Investment Committee:

– Jorge Vasconcelos (President) (2023-2025)
– Ana Rivero (2023-2025)
– Olivier Rouget (2023-2025)
– Reza Moghadam (2023-2025)
– Sarah Fromson (2023-2025)

Statutory Auditor

The Statutory Auditor is the Foundation entity responsible for account control.

The body is made up of the General Budgetary Director, the General Director of Social Security and three members nominated respectively by the Lisbon Academy of Science, the National Academy of Fine Arts and by the Bank of Portugal, on behalf of banking and financial institutions. The terms of these latter appointments are five years in length but are always renewable.

The Audit Review Commission and the audit firm Deloitte are the entities responsible for the constant inspection and verification of Foundation accounts.

Statutory Auditor Members:

• Mário Manuel Leal Monteiro (from 20 February 2018)
  General Director of the Budget, Ministry of Finance
• Tiago Preguiça (from 19 April 2021)
  General Director of Social Security
• Manuel Porto (from 2 March 2017) 
  Member designated by the Lisbon Academy of Science
• Alberto Reaes Pinto (from 1 December 2023)
  Member designated by the National Academy of Fine Arts
• Manuel Maçaroco Candeias (from 16 February 1976)
  Member designated by the Bank of Portugal