Irene Arias Hofman

Principal and Independent Member

Born in 1974.

She holds a degree in Economics from Universidad Carlos III de Madrid, a Master’s in European Studies from the Collège d’Europe (Poland), and a Master’s in International Relations from Johns Hopkins University’s School of Advanced International Studies (SAIS), Washington, D.C.

She has more than 25 years of experience in the financial sector and in innovation. She was CEO of BID Lab, the innovation and venture capital arm of the BID Group, and worked for nearly 18 years at the International Finance Corporation (IFC), where she held various positions, including Director for Latin America and the Caribbean. She is currently the CEO of MIRA LLC, a consulting firm specializing in the intersection of technology, finance, and venture capital in emerging markets.

In corporate governance, she served on the Board of Fundación Bolívar Davivienda (2014-2018) and was Co-chair of the World Economic Forum (2019–2020). She currently serves on several international boards, including the Monetary Authority of Singapore, Mobile World Capital, and the Advisory Committee on Digital Payments of the World Economic Forum (WEF).

Álvaro Carrillo Buitrago

Principal and Equity Member

Born in 1968.

He is an economist with a specialization in Project Preparation and Evaluation from Universidad del Rosario. He also completed diplomas in Strategic Management at Universidad del Rosario and Advanced Banking Management at Universidad de los Andes.

At Banco Davivienda, he has held positions as a Professional, Assistant, Head, and Director of the Planning Department, Assistant to the President, Administrative Vice President, Executive Vice President of Personal Banking, and Executive Vice President of Corporate Banking. Since 2021, he has served as the President of Seguros Bolívar S.A.. He also has more than three years of experience in financial and credit risk at banking institutions.

He has extensive experience on boards of directors, including Seguros Bolívar, Titularizadora, Fiduciaria Davivienda, and Corredores Davivienda.

He currently holds the position of President of Seguros Bolívar S.A.. He is also a legal representative for Grupo Bolívar S.A., Compañía de Seguros Bolívar S.A., Seguros Comerciales Bolívar S.A., Capitalizadora Bolívar S.A., Multinversiones Bolívar S.A.S, Soluciones Bolívar S.A.S, Servicios Bolívar S.A., Servicios Bolívar Facilities S.A.S, Inversiones CFD S.A.S., Riesgo e Inversiones Bolívar Internacional S.A., and Sentido Empresarial Internacional S.A.. He is a board member for Banco Davivienda S.A., Servicios Bolívar S.A., and Riesgo e Inversiones Bolívar Internacional S.A.. He also serves as a Principal Member of the Executive Council at Fundación Bolívar Davivienda and Fundación Cultiva el Arte y la Cultura.

Álvaro Peláez Arango

Principal and Independent Member

Born in 1951.

He is a Civil Engineer from Universidad de los Andes. Throughout his professional career, he has focused on the financial and residential construction sectors, specifically at the company Cusezar S.A. There, he held positions ranging from programming and budget engineer to resident site engineer in Bogotá, and ultimately, General Manager.

He has served as an alternate member on the board of directors for Banco Superior, Granbanco, Constructora Solidez (in liquidation), Constructora Portobelo, and Constructora Monticelo S.A.

He is currently a Principal Member of the Board of Directors of Banco Davivienda S.A.

Andrés Flórez Villegas

Principal and Independent Member

Born in 1972.

He is a Lawyer from Javeriana University with a specialization in Insurance Law from the same university and a Master of Laws, with an emphasis on corporate law, financial legislation, and capital markets, from Cornell University.

He has served as Legal Director of the Bogotá Stock Exchange, Assistant Vice President of the Legal Department at Citibank, Deputy Superintendent for Issuers at the Securities Superintendency, Director of FOGAFIN, Senior Member of the Board of Directors of Protección, and Senior Member of the Board of Directors of the Securities Market Self-Regulatory Organization.

In addition, he has more than three years of experience in legal risk, reputational risk, and financial risk, and has attended the ACFE Annual Conference in Nashville, the ACFE Annual Conference in Seattle, and several Asobancaria conferences.

He is currently a founding partner of the firm Flórez & Asociados Asesores jurídicos and is a member of the Board of Directors of Banco Davivienda S.A. and Concesionaria Autovía Neiva Girardot and Solunion Colombia Seguros De Crédito S.A.

Diego Molano Vega

Principal and Independent Member

Born in 1967.

Electronic Engineer from Pontificia Universidad Javeriana, with a Master's degree in Economics from Pontificia Universidad Javeriana and an MBA from the International Institute for Management Development – IMD Lausanne, Switzerland. He has served as Minister of Information and Communications (MINTIC) in Colombia.

He is currently the President of ETB and is a principal member of the Board of Directors of Compañía de Seguros Bolívar S.A., Banco Davivienda S.A., Fundación Solidaridad por Colombia, Colvatel S.A., and Promigas.

María Claudia Lacouture Pinedo

Principal and Independent Member

Born in 1974.

She holds a degree in Finance and International Relations from the Externado University of Colombia, a Master's degree in Agricultural Economics, and a specialization in Marketing and Management from Cornell University. At Proexport, she held the position of Market Intelligence and Commercial Manager for Manufacturing and Tourism. She served as President of ProColombia between August 2010 and May 2016. Former Minister of Commerce, Industry, and Tourism from May 2016 to August 2017. She has more than three years of experience in reputational, legal, technological, and country risk issues. She has extensive experience on boards of directors: BANCOLDEX, Fondo Nacional de Garantías S.A., Fondo de Garantías de Entidades Cooperativas FOGACOOP, Fiduciaria Colombiana de Comercio Exterior S.A. FIDUCOLDEX.

She currently serves as Executive Director of AmCham Colombia and principal member of the Board of Directors of Banco Davivienda S.A.

Javier Suárez Esparragoza

CEO

Born in 1970.

He holds a degree in Civil Engineering from Universidad de los Andes, a Master's in Finance and a Master's in Actuarial Science from Georgia State University, and a diploma in Bank Management from Universidad de los Andes.

He has over 30 years of experience in the financial sector. He has served as Marketing Assistant at Compañía de Seguros Bolívar S.A., Head of Health Insurance Marketing at Seguros Comerciales Bolívar S.A., Management Assistant, Actuarial Assistant, and Vice President of Financial Risks at the same entity, as well as Director of Financial Risks at Compañía de Seguros Bolívar S.A., and President of Seguros Bolívar.

He currently serves as the President of Banco Davivienda S.A. and President of Davivienda Group S.A.

Álvaro Montero Agón

Legal Secretary

Born in 1970.

He is a lawyer from Universidad Nacional de Colombia, with a specialization in Financial Law from Universidad de los Andes, and a Master's degree in Direction and Management of Social Security Systems from Universidad de Alcalá de Henares.

He has over 30 years of experience in the financial sector. He has served as: Contracts Group Lawyer, Legal Directorate Lawyer, Pensions Division Lawyer, Head of the Pensions and Severance Division, Legal Advisor to the Superintendent Delegate for Pensions, Legal Director of Pensions, Trusts (Fiduciarias) and Severance at the Banking Superintendence, Regulatory Controller at Skandia Valores, Regulatory Controller at Skandia Fiduciaria, and Legal Vice President of Compliance at Skandia.

He currently holds the positions of Legal Vice President of Banco Davivienda S.A. and Legal Secretary of Davivienda Group S.A.

Pedro Uribe Torres

Treasurer

Born in 1973.

He holds a degree in Industrial Engineering and a specialization in Finance from Universidad de los Andes, and completed the Advanced Medex program at INALDE.

He has over 30 years of experience in the financial sector. He has served as an Executive Advisor at Seguros Comerciales Bolívar S.A. and at Banco Davivienda as Management and Credit Card Professional, Credit Card Information System Coordinator, Risk System Coordinator, Planning Projects Coordinator, Head of the Planning Department, Director of Planning and Risk, Vice President of Financial Risk and Control, Vice President of Payment Methods, and Executive International Vice President.

He currently holds the positions of Executive Vice President of Corporate Banking at Banco Davivienda S.A. and Treasurer of Davivienda Group S.A.

Elsa Margarita Noguera de la Espriella

Principal and Independent Member

Born in 1972.

She holds a degree in Economics from Javeriana University and a Master's in Business Administration (MBA) from Norte University. She attended the Women's Leadership Program at Yale University and is currently enrolled in the Senior Management Program at Cambridge University. She has more than 10 years of experience in the public sector in the positions of Mayor of the city of Barranquilla, Governor of Atltantico, and Minister of Housing, City, and Territory in Colombia.

She has extensive experience on boards of directors: Findeter (representing the provincial government), Triple A, Área Metropolitana de Barranquilla, Transmetro, ProBarranquilla, and Carnaval S.A., and is an advisor to the boards of directors of AT Kearney and Marymount School.

She currently serves as legal representative for a consulting firm and and principal member of the Board of Directors of Banco Davivienda S.A.

Francisco Aristeguieta

Principal and Equity Member

Born in 1965.

He holds a degree in Business Administration from Universidad Metropolitana de Venezuela, with a specialization in Banking and Finance, and an MBA from Brunel University in England. His academic background has been complemented by an international career in financial leadership and corporate management.

He has more than 30 years of experience in the financial sector, having held senior leadership roles in institutions such as Colfondo, Citigroup, Vestocorpantes, and State Street Corp. He currently serves as Global and International Transaction Banking Director at Scotiabank, where he oversees a business line that serves more than 12 million retail, corporate, and commercial customers across more than 15 countries.

In corporate governance, he has served on multiple boards in the United States, Asia, and Latin America. He is currently a member of the boards of Hanover Insurance Group, Americas Society/Council of the Americas, and Young Presidents’ Organization (YPO), contributing his strategic perspective and experience in global markets.

Salvador Said Somavia

Principal and Independent Member

Born in 1964.

He holds a degree in Commercial Engineering from Universidad Mistral, with a specialization in Business Management. His academic background combines a solid technical foundation with broad experience in strategic leadership and corporate management.

He has more than 20 years of experience in the financial sector, having served as Director of Banco BHIF and as a board member of BBVA Chile. He is currently Chair of the Board of Directors of Scotiabank Chile, a role in which he leads the bank’s strategic direction and its positioning in the Chilean financial market.

Beyond the financial sector, he has held positions such as Chief Executive Officer of Grupo Said and has served on the boards of several companies, including Parque Arauco S.A., Idelpa SM-Salud S.A., Inversiones del Pacífico S.A., Administradora Costanera S.A., Coca-Cola Andina S.A., Envases CMF S.A., and Energía Llaima. He is also a Council Member at the Center for Public Studies (CEP) and Generación Empresarial, contributing his expertise in corporate governance, business development, and public policy.

Pedro Bohórquez Gaitán

Strategic Risk and Financial Planning VP

Born in 1979.

He holds a degree in Industrial Engineering from Universidad de los Andes, with a specialization in Finance from the same university, and a Master’s degree in Applied Finance from the University of Melbourne.

He has over 25 years of experience in the financial sector. Within Banco Davivienda, he has held leadership positions including Director of Strategic Risk and Planning, Head of Private Banking, and Head of Treasury. He also served as Chief Executive Officer of Davivalores, Davivienda’s brokerage firm.

He currently serves as Vice President of Strategic Risk and Financial Planning at Davivienda Group.

Paula Reyes del Toro

Credit Risk VP

Born in 1981.

She holds a Civil Engineering degree (undergraduate and master’s) from Universidad de los Andes, and Master’s degrees in Mathematical Risk Management and Actuarial Science from Georgia State University in Atlanta, United States.

She has 20 years of experience in the financial sector. She began her career as an actuarial trainee at Seguros Bolívar S.A., and subsequently held various positions in credit risk at Banco Davivienda.

She currently serves as Vice President of Credit Risk at Davivienda Group.

Yaneth Riveros Hernández

Corporate Credit VP

Born in 1974.

She holds a degree in Business Administration from Universidad Central, with a specialization in Financial Markets from Universidad EAFIT, and has completed the World-Class Manager program at INALDE.

She has 30 years of experience in the banking sector, with a strong track record in commercial leadership, credit structuring, risk management, and portfolio development across Corporate, Business, SME, and Agribusiness segments. She has held roles in business, product, and credit areas.

She currently serves as Vice President of Corporate Credit at Davivienda Group.

Salvador Said Somavia

Principal and Independent Member

Born in 1964.

He holds a degree in Commercial Engineering from Universidad Mistral, with a specialization in Business Management. His academic background combines a solid technical foundation with broad experience in strategic leadership and corporate management.

He has more than 20 years of experience in the financial sector, having served as Director of Banco BHIF and as a board member of BBVA Chile. He is currently Chair of the Board of Directors of Scotiabank Chile, a role in which he leads the bank’s strategic direction and its positioning in the Chilean financial market.

Beyond the financial sector, he has held positions such as Chief Executive Officer of Grupo Said and has served on the boards of several companies, including Parque Arauco S.A., Idelpa SM-Salud S.A., Inversiones del Pacífico S.A., Administradora Costanera S.A., Coca-Cola Andina S.A., Envases CMF S.A., and Energía Llaima. He is also a Council Member at the Center for Public Studies (CEP) and Generación Empresarial, contributing his expertise in corporate governance, business development, and public policy.