Statutory Auditor

The Statutory Auditor carries out the legal review and certification of Galp´s accounts.


Permanent member - Ernst & Young Audit & Associados, SROC, S.A., represented by Rui Abel Serra Martins

Rui Abel Serra Martins is Administrator at Ernst & Young, Audit & Associados – SROC, S.A. (EY). He is responsible for EY in Portugal and for carrying out audits to big national and international groups like Siemens, Jerónimo Martins, Águas de Portugal amongst others. Throughout 25 years he has exercised his profession at EY having performed contractual audits to petroleum operation in oil companies in Angola to Chevron, Exxon, Statoil and Sonangol amongst others.

Alternate member - Luís Pedro Magalhães Varela Mendes

Luís Pedro Magalhães Varela Mendes is partner of Ernst & Young, Audit & Associados – SROC, S.A. (EY), leader of the Financial Accounting and Financial Services in Portugal and of Capital Markets services in Portugal, also being member of the Professional Practice Group da EY.

He is responsible for managing and coordinating various audit projects for major national and international groups, such as CTT, HP, Dia Minipreço and Vision Box.

He has a vast experience in auditing Private Equity Investment Companies, namely in groups listed on Euronext Lisbon.

Luís Mendes holds a Bachelor in Economics by the Universidade Nova de Lisboa and has a Master in Finance by the Universidade Católica Portuguesa.

Powers and Operations

The current Statutory Auditor was elected at the General Meeting of 3 May 2023 for the four-year term (2023-2026), ending 31 December 2026.

The Audit Board proposes the Statutory Auditor, which cannot be a part of the Audit Board, to the General Shareholders Meeting, pursuant to the By-laws.

The Statutory Auditor´s duties and responsibilities include carrying out all the checks and examinations necessary for the review and legal certification of the Company’s accounts, as well as exercise other powers assigned by law.


The Statutory Auditor is remunerated for the work of review and legal certification of the accounts of the Company in an amount that is contractually set under normal market conditions.

Read more about Galp´s Governing Bodies