The president of Indra no longer has “any link” with em & e: “I left everything that has to do with a scribe to undertake this challenge”
Madrid, Jan. 29 (Europa Press) –
The president of Indra, Ángel Escribano, has assured that his intention is, in the first place, to fulfill the strategic plan of the company and “try to make it more ambitious” because “the times fit” and have “much confidence” in the sheet of Route presented in March last year, as stressed in an interview with Europa Press, the first since he assumed the position on January 19.
“We are going to try to make it more ambitious. Or a more ambitious tad, because the times fit so that it could be a more ambitious spark, but, of course, from modesty always and from the calm of say Hopefully we get better, “he defended.
Without going into details of how these intentions are going to be completed, the manager has stressed that his mission is to make “the maximum number of people are comfortable with that plan and that they create it, because it is unstoppable”, while he has opined That the power that the company has to grow is “impressive.”
Escribano has also emphasized that Indra is the Spanish company that is closer to becoming a technological leader of the defense sector and, in fact, says he does not like the term “national champion.”
“We are going to earn the most reliable company, the most committed, the one that generates the most talent and the one that has the most personnel working in the sector (…) with a clear vocation to serve in our country. The maximum objective is is In our strategic plan and is to increase all sales abroad.
In that sense, with the arrival of Donald Trump to power in the United States and his intention to press so that NATO countries eleven to 5% of GDP their budget in defense, Escribano has opined that Indra will benefit from it “in function of the opportunities that are generated. “
“We do not have the magical wand to generate the opportunities, but what we are going to do is work very hard to rescue or participate in all the opportunities that are said to be. And when they are palpable, there will be indra, competing and fighting For getting the greatest returns that we can for our industry and our country, “he added.
Arrival in Indra
In relation to his arrival in Indra, which rushed after the departure to Telefónica of his predecessor in the position, Marc Murtra, after the Government, through the State Society of Industrial Participations (SEPI), forced the resignation of José María Álvarez-Pallete, Escribano says that “never” he would have imagined ending as president of Indra.
However, Escribano Mechanical & Engineering (EM&E), the company of the defense and family sector that Ángel Escribano presided over until just 10 days ago, is the second maximum shareholder of Indra (14.3%), only behind The SEPI (28%), and her brother, Javier Escribano, occupies a seat in the Board of Directors of Indra.
“We clearly identified at the time that Indra was the predestined company to be the technological pillar in the defense industry and that led us to make the decision to invest within the company when we could have invested in many others. We did not do it for money (…) Indra is a leading company in technologies and assumes the role of being the company that leads part of the defense projects, “he deepened in his interview with Europa Press.
Asked about how it is difficult to separate his past experience in EM&E and his personal ties with his old company, Ángel Escriban To undertake this challenge. “
“I have no link, except one that I cannot erase, which is the last name, with a notary. Javier is the president of the notary today and other people have held other positions. Javier is in the board of directors? Yes? Yes Of course.
In that line, Escribano has defended that it is the first time that Indra has a president who owns the company, although he clarifies that it is “a small part.”
“There has never been an executive president of the company that is told: What is your interest? My interests are perfectly aligned with the remaining 86% (of the shareholders) of the company, which is the general interest and that we do well To all, “he deepened.
In relation to the jump that means to preside over a fast -growing family business to be the first executive of one of the most relevant companies of Ibex 35, Ángel Escribano says he has things to learn.
“I have to learn things about how a quoted company behaves. Obviously, I will not say that I know how a quoted company works. What I do know is how a company works (…) and the part that I do not know, what It is how all this of such a regulated company behaves and so on, because sincerely, here there is a team of people who have surprised me at a stratospheric level, “he stressed.
A “great” relationship with the young men
About whether he had time in these scarce 10 days since he assumed the presidency of Indra to meet with the company’s main managers, Escribano said yes and that they are making a very important “immersion”.
“I am delighted. I have welcomed me superb and with José Vicente de los Mozos (the CEO) Renault (…) and above all is industrial and is fast and palpable (…) we understand each other perfectly and I am upset because there is someone who tries to seem not to be, “he defended.
As for the great operations that are on the Indra table at the moment, such as the total or partial sale of Minsait or the acquisition of Hispasat for the company’s spatial division, Escribano has preferred to maintain the caution and has not made comments to the regard.
On the other hand, in relation to the renewal that it is time to carry out this year of much of the Board of Directors, Escribano has appealed to that he has been in office for a short time to know what will happen. “I have not given me time to make such decisions,” he said.
Asked also about how the company will do to comply with the Law on Joint Representation of Women and Men in the Company’s Decision Bodies (it contemplates a female participation of 40%), the president of Indra has affirmed that the company will comply “to the Maximum possible “with the regulations.
Add Comment