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The ECB has approved a new administration for the CGD: it has 17 members, is more feminine and has Luis Nazaré.

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The ECB has approved a new administration for the CGD: it has 17 members, is more feminine and has Luis Nazaré.

The European Central Bank has finally approved the new administration of the Caixa Geral de Depósitos, which was proposed last July, but which should have been in operation from the first half of the year. There are 17 members in total, and beyond the names already reported, there is something new: Luis Nazare, socialist activist, former president of CTT and Anacom, is serving as a non-executive director.

“Following the successful completion of the assessment process (‘fit and proper’) by the European Central Bank following the proposal submitted on July 29, 2021 at Banco de Portugal, the government decided to elect a new Board of Directors of Caixa Geral of Deposits. (CGD) for the period 2021-2024, ”the Treasury Department said in a statement to editors sent on Monday, December 20. There is no explanation for the delay in the arrival of the green light from Frankfurt.

The new management team will include non-executive chairman Antonio Farinha Morais., who came from BPI to replace Rui Vilar, who has already announced his departure from office. “I want to thank Dr. Rui Vilar for the fundamental role he played during this last term in the success achieved by the CGD, namely the completion of the restructuring process,” says João Leau, Minister of State and Finance Minister, quoted in the statement.

two outputs, two inputs

Paulo Macedo continues to serve as the executive president of the largest bank in the Portuguese system, and his leadership has undergone some changes. Jose Joao Guilherme, Francisco Carey, Joao Tudela Martins, Maria Joao Carioca and Nuno Martins remain executive members, joined by Madalena Talone from BPI and Manuela Martins, who already worked at the bank. names that Express has already put forward.

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Two names are leaving the executive committee to join Macedo: Jose Brito, who was in charge of financial management, and Carlos Albuquerque, who left Banco de Portugal to take over the management of the state-owned bank. Jose Brito will remain in the structure of the bank, but will become a non-executive director.

“The new composition of the CGD Board of Directors is based on a succession strategy with some elements for renewal, namely the chairman, with the aim of ensuring stability of governance and achieving good results in the coming years. When choosing new directors or their reappointment, we were guided by the criteria of competence, a high sense of public interest, independence and ethical values, ”the Ministry of Finance substantiates the statement.

For the new term, until 2024, CGD no longer has a separate supervisory board, which was chaired by Guilherme Oliveira Martins, and now has an audit committee as part of the board of directors. This committee is chaired by Antonio Assis, an external auditor with experience at PwC, who has conducted audits of companies in the financial sector for many years, being responsible for the supervisory board of various divisions of the CGD group. This audit committee includes Jose de Brito (the aforementioned former CFO), Novabase administrator Maria del Carmen Marin, and accounting academic Maria João Ferreira Mayor.

more feminine box

Non-executive non-executive members include Arlindo Oliveira (former coach) and Hans-Helmut Kotz. Dutchwoman Monique Eugenie Hemerick is one of the new products, along with Luis Nazaré, the former president of Anacom and CTT, who is now at the kiosk when he tried to start the post bank while he was at the post office.

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After the departure of non-executive directors to the board of directors of a public bank, several names appeared: Ana Maria Fernandez, Mary Jane Antenen, Altina Villamarine, Nuno Cunha Rodriguez and Jose Azevedo Rodriguez.

As far as gender distribution is concerned, as the executives insist on, Caixa is becoming more feminine. Out of 16 members with 4 women and only one executive branch, the state bank now has 17 members with 6 administrators, three of whom are executive.

A statement currently released by the Ministry of Finance compliments the work done under the previous mandate: “In recent years, CGD has returned to a level of profitability that has allowed it to start paying the Portuguese for recapitalization efforts. the payment of an extraordinary dividend of € 300 million this year. In addition, CGD has increased its capital ratios, which are now above the average in Portugal and other EU member states, allowing it to face the pandemic in a better position than national and European counterparts. ”

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Economy

Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners

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Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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Economy

The first Dacia hybrid. “The cheapest hybrid family on the market”

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The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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Economy

See how Tesla tests its electric Semi truck in the worst-case scenarios

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Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.


Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

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high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

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