bancolombia sa (BCOLO:Bogota)

Executive Profile*

Background*

Dr. José Alberto Velez Cadavid serves as the Chief Executive Officer of Inversiones Argos S.A. Dr. Cadavid serves as President of Inversura S.A. He served as the Chief Executive Officer of Inversura. He served as the Chairman of the Board and Chief Executive Officer Cementos Argos until May 3, 2012. He served as the President of Suramericana de Seguros S.A. since 2000. He served as Vice President of Investments at Suramericana de Seguros S.A. from 1996 to 2000 and held ... various other managerial positions at Suramericana de Seguros S.A. since 1984. He served as Vice President of Enterprise Development and Vice President of Marketing & Sales at Suramericana de Seguros. Dr. Cadavid serves as the Chairman of Grupo de Inversiones Suramericana SA and has been its Director since March 27, 2007. He has been a Director at Bancolombia S.A. since 1996. He serves as a Director of Cementos Argos. He serves on the Board of Directors of Bancolombia and Calcetines Crystal. He has been a Director Grupo Nutresa SA (formerly Grupo Nacional de Chocolates) since 2005. He serves as a Member of the Board of Trustees at Proantioquia, Codesarrollo, the Suramericana Foundation, the Fraternidad MedellínFoundation and the Privy Council for Competitiveness in Colombia. Dr. Cadavid is Chairman of Consejo Empresarial Colombiano para el Desarrollo Sostenible –CECODES (Colombian Business Council for Sustainable Development) and Member of the Americas´ Society - Council of The Americas, based in New York. He was an alderman on the Medellin City Council and Assistant to the Governor of the Department of Antioquia. Dr. Cadavid holds a degree in Administrative Engineering from the Universidad Nacional as well as a Master of Science degree in Engineering from University of California (UCLA) in the United States.

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