The BBVA Chair of Family Business of San Telmo Business School has delivered a special mention this year, in its XXII edition to the Master Sierra winery in an act that took place on June 13 took place at the San Telmo Foundation headquarters. Malaga. The event, sponsored by BBVA, was chaired by Francisco de la Torre Prados, Mayor of Malaga, Juan Cano Ruano, president of the BBVA Chair of Family Business, José Ballester Llamazares, territorial director of BBVA South and Isauro Lopez Polo, member of the Board of Management of San Telmo Business School.
The ceremony was also attended by family members of the award-winning companies and more than two hundred businessmen, managers, politicians and friends from Malaga who come together every year in this event so significant for the business fabric of Eastern Andalusia. In its twenty-two editions, this award has been given to business families in southern Spain, who over the years have shown their effort to create social wealth. Today, more than ever, they deserve this recognition and the support of the Andalusian society as promoters and conservatives of economic development.
All the awarded companies have been proposed by the different family businessmen that form the BBVA Chair of Family Business of San Telmo Business School and its Advisory Board, considering them examples of Family Businesses. The criteria analyzed by the jury to award this award are, among others: the business tradition of the family, the creation of companies in especially difficult environments, the desire to internationalize, diversify and innovate in the Family Business, the measures adopted to promote the competitiveness of the company, the creation of social wealth, the adoption of measures that facilitate the continuity of the Family Business, etc.
In addition, there was a special recognition, by the chair of the BBVA Chair, José Ballester, to the role of women “I do not want to end without a mention of female leadership in the family business, as more and more women are assuming roles executives, based on meritocracy, always seeking the company the best allocation of each function to the most suitable family member, regardless of age, sex or condition “.