| Member of the Audit and Control Committee Independent Outside Director |
BA Economics, Professor of Commerce, chartered accountant and founding member of the Registry of Economic Auditors. He joined Arthur Andersen in 1965 where he was Partner from 1976 to 2000. Up to March, 2004 he headed the Euroamerica Foundation, of which he was founder, an entity dedicated to the development of business, political and cultural relationships between the European Union and the different Latin American Countries. Currently he is Director of Mediaset España Comunicación, S.A., Director of Quantica Producciones, S.L., Member of the Advisory Board of FRIDE (Foundation for international relations and foreign development), Chairman of Arcadia Capital, S.L. and Información y Control de Publicaciones, S.A., Member of Foundation Germán Sánchez Ruipérez and Foundation Independiente and Vicepresident of Foundation Euroamérica.
Mr. Durández was appointed Director of Repsol YPF, S.A. by resolution of the Annual Shareholders Meeting held on 9th May, 2007 and re-elected by the Annual Shareholders Meeting on April 15th, 2011.

Last updated: 29 February 2012
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