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.