Martha Isabel Woodcock resigns as president of Banco Santander Colombia

The Board of Directors of Banco Santander Colombia announced the resignation of Martha Isabel Woodcock after 28 years with the group. Marcel Patiño Sedan will take over the role on July 1, 2026, following authorization from the Superfinanciera.

Martha Isabel Woodcock submitted her resignation as executive president and legal representative of Banco Santander Colombia. The entity said she will begin a new professional stage after her long career.

The Board of Directors unanimously named Marcel Patiño Sedan as her successor. He has more than 25 years of experience in the financial sector and previously served as Global Head of Private Debt Mobilization at Scib in London.

The bank thanked Woodcock for her leadership and contribution to the entity's growth. In the coming months both will work on an orderly transition. Woodcock will advise operations until December 31, 2026.

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Juan Carlos Hurtado assumes role as interim president of Ecopetrol in corporate office setting.
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Juan Carlos Hurtado assumes as interim president of Ecopetrol

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Ecopetrol's Board of Directors approved president Ricardo Roa Barragán's vacation and unpaid leave request on Tuesday, appointing vice president Juan Carlos Hurtado as interim leader. The decision came in an extraordinary session on April 6. Hurtado took office on April 7 through May 27, extending with the leave.

Banco de Bogotá's board accepted César Prado Villegas's resignation from the presidency for personal reasons after more than two years. Jorge Castaño Gutiérrez will serve as interim president while a permanent successor is selected.

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Banco de Bogotá's Shareholders' Assembly confirmed Juan Carlos Echeverry Garzón as its new president starting May 6, replacing César Prado. Echeverry, with extensive experience in public and private sectors, takes over while Jorge Castaño Gutiérrez serves as interim president.

President José Antonio Kast named Bernardo Fontaine as the new chair of Codelco’s board, replacing Máximo Pacheco, effective May 26. The move comes amid government criticism of prior management over production shortfalls and financial performance.

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Indra's board meeting on Wednesday resulted in no changes to top management, with Ángel Escribano remaining president and José Vicente de los Mozos as CEO. The state-owned SEPI, holding 28% stake, did not push for alterations due to lack of support and recent stock declines. Funds like T. Rowe Price raised their stake above 5% backing Escribano.

Cecilia Pérez, former Sports Minister and metropolitan intendant, has assumed the presidency of Azul Azul, the concessionaire managing Universidad de Chile, becoming the first woman to lead a Primera División club in Chile. She replaces Michael Clark, who resigned last week amid a sanction from the Financial Market Commission over the Sartor case. Pérez pledged teamwork to improve sports and financial performance, including the dream of a new stadium.

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Mario Farren, BancoEstado's new president, asked the Financial Market Commission to relax the Maximum Conventional Rate to bancarize 200,000 more families. In an interview with La Tercera, he announced measures against fuel price hikes and plans to exceed last year's mortgage financing. Farren emphasized client service and operational security as priorities.

 

 

 

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