Bancolombia S. A announced that the Board of Directors in a meeting held September 26, 2016, approved the resignation of Augusto Restrepo Gomez, Chief Corporate Services Officer, who had expressed his intention to resign from the Group in order to pursue new personal projects. Designated Jaime Alberto Villegas Gutierrez as the new Chief Corporate Services Officer. Jaime Villegas has been acting as the Chief Innovation and Digital Transformation Officer and is also the former Client Services Vice-president. Until the Board of Director designates the new Chief Innovation and Digital Transformation Officer, Jaime Villegas will continue to act as Chief Innovation and Digital Transformation Officer. The Human Resources Vice-presidency will be a Corporate Vice-presidency, reporting directly to the Presidency of Grupo Bancolombia.
Bancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru. The Bank and its subsidiaries offer Savings And Investment, Ahorro A La Mano, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.