Mr. Santiago Fernandez Valbuena serves as Independent Member of the Board of Directors of Ferrovial SA. He was on the Company?s Board since December 3, 2009. He was Chairman of the Company Audit and Control Committee until February 22, 2012. He joined the Telefonica Group in January 1997 as Chief Executive Officer of Fonditel. In July 2002, he was appointed Chief Financial Officer and he currently contributes to the financial duties of the Affiliated and Investee Companies and Corporationrationrate Development transactions. He is also Member of the Board of Portugal Telecom and President of Telefonica Latinoamerica. He has served as the Managing Director of the Societe Generale Equities, StockExchange Director of Beta Capital and Professor of Applied Economics at Universidad Complutense de Madrid and Instituto de Empresa. He holds a Bachelors degree in Economics from Universidad Complutense de Madrid, a Masters degree and a Doctorate in Philosophy degree in Economics, both from the Northeastern University in Boston.
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