Telefónica Telecoms giant names first woman to its board

24th January 2008, Comments 0 comments

Spanish telecoms giant Telefónica on Wednesday named a woman to its board of directors for the first time in its history.

24 January 2008

MADRID - Spanish telecoms giant Telefónica on Wednesday named a woman to its board of directors for the first time in its history.

Eva Castillo Sanz, who is currently Merrill Lynch's vice-president for Europe, the Middle East and Africa, will be joining Telefónica as an independent director.

Spain's largest company by market capitalisation also named former Brazilian Development, Industry and Foreign Trade Minister Luiz Fernando Furlán to its board. Castillo and Furlán replace outgoing directors Manuel Pizarro and Antonio Vian-Baptista.

Pizarro, a former chairman of leading Spanish electricity company was only recently appointed to Telefónica's board. He signed earlier this month to stand as a candidate for the Popular Party in the general elections set for 9 March.

[Copyright EL PAÍS 2008]

Subject: Spanish news

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