Press releases, PRESS OFFICE

OK Mobility creates a Board of Directors to strengthen its corporate governance

May 9, 2024
  • The new body will comprise professionals from various backgrounds, key to driving the company's structure sophistication and strategic management.
  • Sylvie Matherat, former deputy managing director of the Banque de France and member of Deutsche Bank’s executive board, among others, joins the new body as an independent member.
  • Othman Ktiri, founder and owner of the company, will continue as chairman of the global mobility group.

OK Mobility Group S.A. ("OK Mobility"), the parent company of the OK Mobility Group, has announced an important step towards consolidating and strengthening its corporate governance by establishing a Board of Directors, comprising professionals from a variety of backgrounds, key to driving the sophistication of the company's structure and strategic management.

With this move, the composition of the governing body is formalised as follows: Othman Ktiri, founder, sole owner through OK Group - the business holding OK Mobility belongs to - and until now sole director of the company, assumes the position of Chairman and CEO; while Iván Meléndez, CEO Business of OK Group, and Joaquim Monclús, Chief Investment Officer of OK Group, will alternate their presence in the board representing OK Group as a legal entity director of the company.

Sylvie Matherat , with a strong financial track record and vast experience in banking regulation, joins as an independent board member, providing her sound perspective gained in internationally renowned financial companies and institutions, as deputy general manager of the Banque de France, member of Deutsche Bank's executive board, board member of Barclays Europe and CCF Group France, and senior advisor to Mazars and Edmond de Rothschild. Her exceptional macroeconomic vision has consolidated her as a key player in the European financial sphere and she is frequently asked to give her opinion in important forums on global financial and economic issues. In this way, her presence on the board will bring an important financial perspective and invaluable pan-European experience.

Likewise, Enrique Nieto Brackelmanns, a partner at Uría Menéndez - one of the leading law firms in the legal sector - and an expert in commercial, corporate, corporate governance and securities market law, will act as non-director secretary, bringing to the board his extensive experience in advising listed and unlisted companies. In this way, the executive management structure is consolidated with a highly qualified and diverse team with knowledge and experience relevant for an effective company management.

These appointments demonstrate OK Mobility Group S.A.'s firm commitment to the professionalisation of the company and the application of best practices at all organisational levels. The board’s first constituent meeting was held on 8 May, with regular meetings planned on a quarterly basis.

Othman Ktiri, Chairman and CEO of the group, said: "I feel very fortunate for the creation of a board of such a high level that I will have the great honour to chair. I could never have imagined when I started out 20 years ago that one day so much talent would come together to serve OK Mobility. On behalf of OK Mobility Group, its executive management and the entire team, I thank our board members and our secretary for trusting and joining our project, which is based on moving people and empowering their freedom". "I am confident that the addition of these professionals will strengthen our ability to continue to innovate and grow efficiently in the exciting mobility market. With this step in our corporate governance, we reaffirm our commitment to transparency, accountability and sustainability in all our operations," concludes Ktiri.

Likewise, OK Mobility continues to focus on the expansion and diversification of its mobility services. Thus, through the incorporation of this board and the continued commitment of the entire OK Team, the company reaffirms its position as a leading global mobility platform, with great growth and projection, offering innovative solutions that cater to the needs of customers and contribute to society's progress towards a freer and more connected future.