Volcan is a company committed to the principles of Good Corporate Governance, permanently seeking to raise the professional level of each of its organizational units in order to improve the efficiency of its processes and the transparency of information shared with the Company’s stakeholders.
Volcan began mining operations as Volcan Mines in the heights of the Ticlio pass on January 26th, 1943. In 1975, the Company changed its name to Volcan Compañía Minera S.A. In 1998, after the merger with Empresa Minera Paragsha S.A., the Company’s name changed once again to Volcan Compañía Minera S.A.A.
The Company is engaged in the exploration, production, and processing of its own ore and ore from subsidiaries that carry out extraction, concentration, treatment, and commercialization of all products and concentrates.
Year of birth: 1954
Director and member of the Executive Committee since March 1996. Previously he was Vice Chairman of the Board of Directors, and since April 2010 to september 2023 Chairman of the Board of Directors and the Executive Committee. Mr. Picasso is also Chairman of the Board of Reactivos Nacionales S.A. and Compañía Minera Chungar S.A.C., Vice Chairman of the Board of Directors of Compañía Minera Poderosa S.A. and Cosco Shipping Ports Chancay Perú S.A., he is a Director of Bodegas Vista Alegre S.A., the Sociedad Nacional de Mineria Petroleo y Energia – SNMPE and Cemento Polpaico S.A. (Chile), he is also a member of the Chilean-Peruvian Business Council (CEChP). Previously, he was Vice Chairman of the Board of Embotelladora Latinoamericana S.A.A. (Coca-Cola) and Director of Compañía Minera Atacocha S.A., EXSA, S.A., Castrovirreyna Compañía Minera, Compañía Molinera del Perú S.A., Compañía de Seguros La Fénix Peruana S.A., Bolsa de Valores de Lima, Acción Comunitaria-ACP.
Year of birth: 1970
Member of the Board of Directors since 1993 and vice chairman of the Board since September 2014 to september 2023. He is a member of the Executive Committee. Mr. De Romaña worked in the sales division of Compañía de Minas Buenaventura from 1992 to 1999 and was the head of Volcan’s sales division from 2000 to 2010. He also served as member of the boards of Castrovirreyna Compañía Minera S.A. and Corporación Minera Castrovirreyna from 2002 to 2012. Mr. De Romaña holds a business administration degree from Universidad del Pacífico. He is the son of the director Irene Letts Colmenares de De Romaña.
Year of birth: 1960
Director since July 2020. He has been President and CEO of Compañía Minera Antamina from 2010 to 2020, President and CEO of Compañía Minera Milpo from 2001 to 2010 and President and CEO of Siderperu from 1996 to 2001.
Mr. Chahuán, with 35 years of experience in the Metallurgical Mining sector, began his career at Southern Peru Copper Corporation, has been vice president of the Sociedad Nacional de Minería, Petroleo y Energía – SNMPE, director of the Instituto de Ingenieros de Minas del Perú on four occasions and president of Perumin 2013. Mr. Chauán is a candidate for a PhD in international finance from the Universidad de Cataluña, a postgraduate degree from the Universidad Politécnica de Madrid, and a Metallurgical Engineer from the Universidad Nacional de San Agustín. Mr. Chahuan is Chairman of the Board of Directors of Compañía Minera Antapaccay S.A., Glencore Peru Holding S.A., Glencore Servicios Corporativos Peru S.A.C., Compañía Minera Doña Inés de Collahuasi S.C.M. (Chile), Director at Compañía Minera Antamina S.A. (Peru) and in Chile he is a Director at Complejo Metalúrgico Altonorte S.A., Compañía Minera Lomas Bayas S.A, Compañía Minera West Wall S.C.M.
Year of birth: 1980
Director since November 2022, industrial engineer from Texas A&M University in the United States of America.
He joined Glencore in 2008, working in the commercial area both in the Lima and Baar-Switzerland offices. Since 2016 he has been responsible for Zinc’s logistics operations for Latam.
Mr. Garrido-Lecca has been General Manager of Perubar Unidad Logística Callao since 2012. Member of the Board of Directors of Transportadora Callao S.A. since 2012, likewise, since 2020 he has held the Presidency of the Board of Directors. Mr. Garrido-Lecca is also an alternate Director at COSCO SHIPPING Ports Chancay Peru S.A. from December 2022.
Year of birth: 1965
Director since May 2023. Mr. Rebaza is managing partner of Rebaza, Alcázar De Las Casas and co-leader of the Mergers and Acquisitions, Financing and Capital Markets, Free Competition and Private Clients areas. He has extensive experience in national and cross-border M&A transactions and has been a speaker at conferences in different cities such as Dublin San Paulo, Bogota, Panama, Barcelona, NYC, Mexico City, Bogota, Singapore, etc.
Mr. Rebaza is recognized by different legal boards as a leader in the corporate practice and mergers and acquisitions (Chambers and Partners (Band 1 Legal 500 Leading Individual), IFLR 1000 Highly Regarded Leaders League Leading in the practice of Financing and Capital Markets ( IFLR 1000 Highly Regarded and through the areas it leads in Mergers and Acquisitions (Chambers and Partners Band 1 Financing and Capital Markets (Chambers and Partners Band 2 Legal 500 Tier 2 IFLR 1000 Tier 2 and Private Clients (Band 1 in Chambers and Partners Private Wealth Law and Leading in Property Law in Leaders League.
He studied at the Law School of the Pontificia Universidad Católica del Perú, has a master’s degree from the University of Virginia and studies at Georgetown University and in England. Mr. Rebaza is President of the Museo de Arte de Lima and is a Director of Azzaro Tradig S.A.
Year of birth: 1959
Director since November 2019. He is a Business Consultant, Bachelor of Business Administration from the Universidad Nacional Federico Villarreal (UNFV) and postgraduate studies in Capital Markets at the Instituto Brasilero de Mercados de Capital (Ibmec), RJ Brazil and studies of Specialization in Finance at ESAN in Lima. He has been vice president of the Bolsa de Valores de Lima S.A. and director of Cavali ICLV. He is currently a director of Grupo BVL S.A.A. and of the Bolsa de Valores de Lima S.A., Director of Compañía Minera Chungar SAC, Proyectos Médicos S.A, Alternate Director of Compañía Minera Poderosa S.A., Compañía Minera San Ignacio de Morococha S.A.A., COSCO SHIPPING Ports Chancay PERU S.A. and member of the Advisory Council of the Facultad de Administración y Finanzas Corporativas de la Universidad San Ignacio de Loyola (USIL).
Year of birth: 1970
Director since November 2017. Mrs. Soyer is General Manager of Glencore Perú S.A. Before joining the Glencore Group in 2010, she worked for seven years at Tyco International in the United States in different positions, her last one being Director of Finance from 2008 until her retirement from the company in 2010. Mrs. Soyer is also a Director at Perubar S.A., Transportadora Callao S.A. and at Cosco Shipping Ports Chancay Perú S.A. Mrs. Soyer is a Business Administrator from Universidad del Pacífico and an MBA from Thunderbird School of Management.
These committees are responsible for decision-making and management of the following economic, social, and environmental aspects. There ares two types of strategic committees: Board committees are made up of Company directors, while operational committees are comprised of Company executives.
The Executive Committee studies and resolves matters entrusted to it by the Board of Directors except for the rendering of accounts, awarding provisional dividend distributions, the presentation of financial statements to the anual obligatory General Meeting of Shareholders, and specific powers granted by the General Board to the Board of Directors in compliance with Article 38 of the statute.
The members are:
The Audit Committee supports the management of an adequate compliance with the Company’s standards of Corporate Governance. The committee monitors the Company’s compliance with the strategic management of corporate risks, therefore guaranteeing the existence of an adequate internal control system.
The members are:
The Human Resource Committee ensures that the Company maintains an organizational structure in accordance with the needs of the business, promoting meritocracy and encouraging the professional development of the Company’s executive staff.
The members are: