César Prado steps down as Banco de Bogotá president after more than two years

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.

Banco de Bogotá's board of directors announced on Thursday that it accepted the resignation of César Prado Villegas as president after more than two years in the role. Prado cited personal reasons, with his duties ending on March 20. Jorge Castaño Gutiérrez, currently vice president of corporate financial assets and efficiencies at Grupo Aval Acciones y Valores, has been appointed interim president while a permanent replacement is swiftly selected. Castaño will return to his holding company duties once a successor is named. In a statement, the bank noted: «The Board of Directors expressed its recognition to Dr. Prado for his commitment and dedication during his over 15-year trajectory in the Group». This transition follows Prado's tenure at the entity, part of Grupo Aval.

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