Iberdrola SA, has appointed Dame Denise Mary Holt as the new non-executive director. She was the British Ambassador to Spain and Mexico, First Secretary at the Embassy in Brazil, and has held various positions at the Foreign and Commonwealth Office. Currently, she is part of international organizations such as the British Spanish Society and the Instituto de Estudios Latinoamericanos.

Dame Holt is member of the Board of Directors of the large European Bank, HSBC, as well as its subsidiary, M&S Bank. The Board of Directors has appointed Francisco Martinez Corcoles as new Business CEO to replace Jose Luis San Pedro Guerenabarrena, ceases to hold executive office at his own request whilst continuing to be member of the Board as well as chair of the subholding company Iberdrola Espana S.A. Francisco Martinez Corcoles.