BANCOLOMBIA S.A. announced that Jaime Alberto Velasquez Botero announced his decision to resign as the Chief Strategy and Finance Officer of Grupo Bancolombia. The Board of Directors, the CEO and Grupo Bancolombia's employees express their recognition and gratitude to Jaime Velasquez for his 30 years of service contributing to the construction, consolidation and future of Grupo Bancolombia. Jaime has had a main role in the greatest milestones in history and leaves an invaluable legacy as a banker. Mauricio Rosillo Rojas, who until September 27, 2019
had been acting as the Chief Legal Officer and General Counsel, was appointed as Corporate Vice-president of Grupo Bancolombia. Jose Humberto Acosta, who has been acting as the Financial Vice-president of Grupo Bancolombia, will assume the position of CFO of Grupo Bancolombia once the resignation of Jaime Velasquez is effective, which is expected in January 2020.
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.