Banner titled "Corporate Governance", accompanied by a photograph of several people meeting around a table Banner titled "Corporate Governance", accompanied by a photograph of several people meeting around a table

Corporate Governance

EPM is a 100% state-owned ccompany owned by the Municipality of Medellin. Given its nature, our governance structure is designed to boost the advantages of being a public entity and to mitigate the risks related to its nature.

The Company’s ownership structure is shown in the following figure: The figure above shows the bodies which exercise each of the roles of the governance structure, and the practices implemented to guarantee good governance. 

Corporate Governance Model

As shown in the figure below, EPM's governance structure combines.

Governance structure

EPM is a 100% public company owned by the Municipality of Medellín. Given its nature, its governance structure is designed to enhance the advantages and mitigate the risks associated with its public status. The ownership structure of the Company is represented in the scheme. The diagram presents the entity that exercises each of the roles of the governance structure and the practices that have been implemented to guarantee good governance.  

 

Ownership

photograph of EPM's smart building

Exercised in EPM by the Municipality of Medellín through the Mayor, who officiates as President of the Board of Directors.

Board of Directors

Group of people reviewing graphs in a document

The General Manager, the General Secretary and the other officials to whom it is granted have a voice in the Board of Directors.

Senior management

Group of people gathered in a room

The administration of EPM, its representation and the management of its businesses are the responsibility of the General Manager.

 

 

Group of people gathered in a room

Reports and measurements

Based on the principle of transparency and disclosure to its stakeholders, EPM presents reports and evaluations carried out both internally and externally.

Ethics and conflicts of interest

As a service provider company, EPM establishes social responsibility as a transversal axis that guides its actions and is part of its growth strategy and sustainability purpose.

 

Image of a man with a plant in his hand

Ethical code

Image of a man with documents in his hand

AML/CTF Certificate