Spanish stainless steel maker Acerinox’s board has appointed Mr Carlos Ortega Arias Paz as Non-Executive Chairman of Acerinox. Mr Ortega Arias-Paz, currently Managing Director of Corporación Financiera Alba and member of the Board of Acerinox as Proprietary Director, shall assume the position for a period of four years. He holds a Cum Laude Degree in Economics from Harvard University and a Master’s Degree in Business Administration from Harvard Business School. In 2017, he joined Corporación Financiera Alba as Director of Strategy, leading the company’s international strategy and collaborating on investments in Spain. In addition to being a member of the highest Governance Body of Acerinox, he is also member of the Board of Directors of Verisure, Piolin Bidco (Parques Reunidos), Rioja (Naturgy), Atlantic Aviation and is Chairman of the Harvard Club of Spain.Mr Bernardo Velázquez Herreros was also reappointed as Chief Executive Officer for a period of four years, thus renewing the position he has held since 2010. Mr Velázquez is an industrial engineer from ICAI. During his long career within Acerinox, he has held various positions in the Group's subsidiaries and has been Strategy Director and Managing Director. He is also Chairman of North American Stainless. Furthermore, he is Chairman of Unesid and Vice-Chairman of World Stainless Association.