The Supervisory Committee‘s primary responsibility is to exercise statutory control over the Board’s compliance with the provisions of the ABOL, the Bylaws, and their regulations, if any, and with the decisions adopted at Shareholders’ Meetings, without intervening in operational management or the merits of decisions adopted by the directors.
Our Bylaws provide that the Supervisory Committee shall be composed of three regular members and three alternate members, all appointed by our shareholders and who shall be lawyers or certified accountants. Members serve for a term of three fiscal years. The current composition is as follows:
Jose Daniel Abelovich, born on July 20, 1956, he has been a member of Pampa Energía’s Supervisory Committee since June 2006. Mr. Abelovich is a founding partner of Abelovich, Polano & Asociados/SC Internacional, an auditing firm, and managing partner of Real Estate Investments S.R.L. Previously, he served as manager of Coopers & Lybrand and as senior consultant to the World Bank in Argentina. Mr. Abelovich holds a certified public accounting degree from the Buenos Aires University.