Ethics Line: 018000-522790
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Corporate governance
Shareholders’ Assembly
The General Shareholders’ Assembly is the maximum corporate body that consists of the shareholders listed in the Share Ledger or their representatives. Each shareholder will have as many votes as it has shares, without any restriction whatsoever.
A General Shareholders’ Assembly shall be held every year in an ordinary session to examine the situation of the corporation, to appoint managers and other officers of its choice, to determine the economic guidelines of the Corporation, to consider the accounts and balance sheet of the last period, to arrange the distribution of profits, and to agree on the decisions made to ensure compliance with the Corporate Purpose.
Shareholders may be called to special meetings any time when deemed convenient by the Board of Directors, the CEO or the Fiscal Auditor, or a number of shareholders representing no less than one-fourth of the subscribed shares.
Shareholders General Assembly Ordinary meeting
Relevant information
2021 ORDINARY MEETING
The Conconcreto S. A. Ordinary Shareholders’ Assembly was held on May 26, 2021, at 9:00 AM , under the mechanism of a virtual meeting. The principal issues presented and/or approved during the meeting were the following.
Proposal | Decision | Document |
|---|---|---|
Board of Directors’ and Presidency Sustainability Management
Report 2019 | Approved | See 2019 Management Report |
Informe de Gobierno Corporativo | Approved | See Corporate Governance report |
General purpose financial statements, separated and
consolidated, their annexes and other documentation legally
required, as of December 31st 2019. | Approved | See Separate and Consolidated Financial Statements |
Board of Director Designation to Complete the Period | Approved | See Separate and Consolidated Financial Statements |
Board of Director Designation to Complete the Period | Approved | See Board of Director |
Establishment of the Fiscal Auditor’s Remuneration | Approved | |
Proposals from the Shareholders – Express support for the
Company’s management and its employees in the face of the
statements made by the Mayor of the city of Medellín for the
management carried out by the company in Hidroituango. | Not approved | |
Proposals from the Shareholders – Increase the Share
Repurchase Reserve by COP 10,000,000,000, going from
COP 50,000,000,000 to COP 60,000,000,000. | Not approved |
Board of directors
The Board of Directors shall be made up of ten (10) members, who shall be elected for periods of two (2) years, applying the electoral quotient. The persons elected may be replaced in partial elections, in which case, his or her period shall be that remaining to complete the two (2) years of the previous member. There are no alternate members in the Board of Directors.
Board members shall be elected, considering the criteria of professional competence, suitability and recognized moral solvency and, in all cases, a minimum of thirty percent (30%) of the members shall be Independent Members.
In the Board of Directors, the broadest mandate is understood as being delegated to administer the Company; consequently, it shall have sufficient attributes to order that any act or contract shall be executed or entered into that is within the Corporate Purpose and the competency of which is not attributed by the Bylaws or by Law to the General Shareholders’ Assembly.
The remuneration of the Board members shall be established by the General Shareholders’ Assembly, considering objective criteria of a business nature. This retribution shall be transparent, and with this purpose, the amount shall be made known, in the annual information that is given to the Company’s Shareholders.
Board of Directors Members
Christophe Pélissié Du Rausas
(Patrimonial) (French)
Patrick Sulliot
(Patrimonial) (French)
Luis Fernando Restrepo Echavarría
(Independent) (Colombian)
Ana Karina Quessep Alcové
(Independent) (Colombian)
Álvaro Jaramillo Buitrago
(Independent) (Colombian)
Nora Cecilia Aristizábal López
Nora Cecilia Aristizábal López
Carlos Eduardo Restrepo Mora
Carlos Eduardo Restrepo Mora
José Alejandro Gómez Mesa
(Patrimonial) (Colombian)
Carolina Angarita Barrientos
(Independent) (Colombian)
Orlando Cabrales Segovia
(Independent) (Colombian)
Board committees
The Company has three (3) permanent committees that deal with specific issues:
Audit Committee
The main task is to assist the Board in its oversight of the Internal Control System, by assessing the accounting procedures, the relationship with the Fiscal Auditor and, in general, the review of the Company’s control environment, including the auditing of the risk–management system implemented by the Company. The Committee orders and supervises that the procedures of the Internal Control System conform to the needs, objectives, goals and strategies determined by the Company and that these procedures are framed within the objectives of internal control, such as efficiency and effectiveness in operations, adequacy and reliability in the financial information.
Committee members
Corporate Governance Committee
The main task is to assist the Board of Directors in functions to propose and supervise the Corporate-Governance measures adopted by the Company, as well as monitor compliance of the Corporate-Governance regulations, periodically reviewing their compliance, recommendations and principles.
Committee members
Appointment and retribution committe
The main task is to assist the Board of Directors in exercising its functions of a decisive or advisory nature associated with the appointment and remuneration of the members of the Board of Directors and Senior Management.
Committee members
Management team
Juan Luis Aristizábal
President
Nicolas Jaramillo
Business vice president
Adriana Álvarez
Vice President of shared services
Candelaria Rodriguez
General Secretary
Alejandro Villegas
Financial director
Relevant information
At Constructora Conconcreto, we are committed to contributing to the construction of a better country through honest, transparent actions that identify all members of the Organization. For this, we have gathered some precepts, the purpose of which is to establish a guide and framework for action.
Below, you will find downloadable versions of the principal documents that govern our actions as an Organization:
Corporate Governance Report
Corporate Bylaws
Corporate Governance Report
Manuals and regulations
- Business Group (GE, in Spanish) Framework Agreement
- Manual of Business Conduct and Ethics
- Manual in Order to Prevent Assests Laundering
- Conflict-of-Interest Policy
- Policy for the designation of the Fiscal Auditor
- Comprehensive risk management policy
- Business Group Policy
- Personal-Data Protection Policy
- Human Resources Policy
- Senior Management Remuneration Policy
- Board of Directors Remuneration Policy
- Disclosure Policy
- Policy for Succession in the Board of Directors
- Fraud and Corruption Risk Protocol
Ethics Line
What should be reported?
– All improper acts included in the Code of Ethics
– Improper conduct or behavior related to Shareholders
– Disclosure of confidential and privileged information by employees
– Suspicious activities of money laundering, drug trafficking or any illegal act
– Incorrect behavior or actions from managers on issues related to an employee’s performance
– Omissions or absence of controls in processes or procedures
It is an anonymous service to communicate any irregular event that can affect the interests of the Organization, any of its members or the community in general.
- This line works outside the Organization and is attended by independent personnel
- People calling can remain anonymous if they want and their identity will not be revealed in any case without their consent.
- A code is assigned to every call, which will be supplied to the person calling in case the caller wants to add additional information or if information about the information needs to be asked.
