Juan Carlos Echeverry to assume Banco de Bogotá presidency in May

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.

At Banco de Bogotá's Shareholders' Assembly, Juan Carlos Echeverry Garzón was announced as the new president starting May 6. He will replace César Prado, with Jorge Castaño Gutiérrez serving as interim president until then. The bank praises his leadership in organizational transformations and innovative financial strategies. Echeverry holds an economics degree from Universidad de los Andes, a PhD in Economics from New York University (NYU), a specialization in International Economics from Kiel Institute of Economics, and a postgraduate degree in Philosophy from Universidad Complutense de Madrid. He served as Ecopetrol president from 2015 to 2017, leading it to eight consecutive profitable quarters amid an oil price crisis, ranking among the world's top six oil firms by earnings. From 2010 to 2012, he was Minister of Finance and Public Credit, earning four international awards, and previously directed the DNP and deaned Universidad de los Andes' Economics Faculty. He ran for president in 2022. For 2025, the bank reported net profit of $1.2 trillion (11.6% growth from 2024), gross loan portfolio of $95.4 trillion, over 4.1 million active clients, $98 trillion in deposits, and $17.284 trillion in equity. It operates 465 branches with 14,513 employees. The assembly approved $1.78 per share dividends, payable from April 2026 to March 2027. Highlights include a $6.45 trillion green portfolio, over $15.2 trillion social portfolio, 1.6 billion digital transactions (up 59%), and 23.6 million Bre-B transfers worth $5.4 trillion. It ranked third in profits for January 2026.

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