Ignacio Osborne, at a new session at Matins ESADE sponsored by Bluecap. Ignacio Osborne explained that the IEF strives to defend family businesses and the overall interests of these type of businesses.
”Entrepreneurs seek long-term vision”, he mentioned, and added the need for transmitting that “the entrepreneur creates jobs and work”'.
During his speech, Ignacio Osborne spoke of the need for having good corporate governance, “which represents a clear competitive advantage”. In this sense, he highlighted that the good corporate governance implemented in Osborne has been essential for the company’s corporate operations, where he has been the CEO since 1996, and owns brands such as Cinco Jotas, Rioja Montecillo or Anís del Mono, among others.
“The corporate governance at Osborne was initiated with the aim of organising an ever increasing number of shareholders. The seed was planted in the 1960s, with the fourth generation, that of my grandfather, who decided that such as rapidly growing family needed to be organised”, he explained at the Matins ESADE. “It is important to define what should be done by the shareholders, the board of directors, and the business management”. “These three roles must be differentiated”, he added.
Regarding his opinion on the role of women on boards and quotas, he commented that for many years they have had women on their boards [they currently have 3 out of 10]. “At Osborne this has never been a topic of discussion, because there have been lots of women, this has been a normal thing and we have never spoken about quotas, because this is the best way of not discriminating”, he concluded.