BOGOTÁ, Colombia, Oct. 2, 2023
/PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL, NYSE: EC) informs
that the Board of Directors, in its meeting on September 29, 2023, made the following
appointments:
![Ecopetrol Logo. Ecopetrol Logo.](https://mma.prnewswire.com/media/95646/ecopetrol_s_a__logo.jpg)
- Germán González Reyes as Vice President of Corporate Affairs
and General Secretary, effective immediately. He has been in charge
of this vice presidency since July 5,
2023. He is a lawyer with a specialization in Socioeconomics
from Universidad Javeriana and a specialist in International
Transportation Law. He has over thirty years of experience in the
legal advisory profession and in managerial and strategic public
positions in oil & gas, telecommunications, drinking water, and
sanitation companies. He has also served as Deputy Minister of
Communications. From 2017 until assuming this vice presidency, he
was Manager of Legal Management in the Legal Vice Presidency of
Ecopetrol S.A.
- Sandra Lucía Rodríguez Rojas
as Vice President of Sustainable Development effective from
October 20, 2023. She is a lawyer
from Javeriana University, holding a master's degree in
environmental policy and management, as well as a master's degree
in public law from Carlos III University of Madrid. She is a professor at the Faculty of
Legal Sciences at Javeriana University. With over 20 years of
experience in overseeing human rights projects, social
responsibility, and environmental sustainability, in accordance
with international standards, both in the public and private
sectors. Since 2018, she has served as the Deputy Ombudswoman for
Collective Rights and the Environment at the Ombudsman's
Office.
- Luz Elena Díaz García as Corporate Vice President of
Compliance, effective from October 16,
2023, who will also serve as the Compliance Officer of
Ecopetrol S.A. She holds a degree in Finance and International
Relations from the Externado de Colombia University, and she is a specialist
in Corporate Finance from CESA. With over 15 years of experience in
ethical and compliance matters, internal control, financial
assurance, risk management, and due diligence, she has worked as a
consultant in various economic sectors, most recently in the oil
and gas, energy, and consumer goods industries. She has led
investigations on fraud, corruption, bribery,
AML/CFT/Sanctions at both public and private levels.
The Board of Directors also made the following appointments:
- David Alfredo Riaño Alarcón, Vice President of Low Emission
Solutions, as the alternate legal and commercial representative in
the second position.
- Luis Carlos Plata Prince,
Attorney of the Judicial and Extrajudicial Management, as the
alternate legal representative for judicial and extrajudicial
matters.
- Aldemar Alfonso Mejía Prado, Planning and Procurement Manager,
as the alternate legal representative for the procurement of goods
and services.
Ecopetrol is the largest company in Colombia and one of the main integrated energy
companies in the American continent, with more than 18,000
employees. In Colombia, it is
responsible for more than 60% of the hydrocarbon production of most
transportation, logistics, and hydrocarbon refining systems, and it
holds leading positions in the petrochemicals and gas distribution
segments. With the acquisition of 51.4% of ISA's shares, the
company participates in energy transmission, the management of
real-time systems (XM), and the Barranquilla - Cartagena coastal highway concession. At the
international level, Ecopetrol has a stake in strategic basins in
the American continent, with Drilling and Exploration operations in
the United States (Permian basin
and the Gulf of Mexico),
Brazil, and Mexico, and, through ISA and its subsidiaries,
Ecopetrol holds leading positions in the power transmission
business in Brazil, Chile, Peru,
and Bolivia, road concessions in Chile, and the telecommunications sector. This
press release contains business prospect statements, operating and
financial result estimates, and statements related to Ecopetrol's
growth prospects. These are all projections and, as such, they are
based solely on the expectations of the managers regarding the
future of the company and their continued access to capital to
finance the company's business plan. The realization of said
estimates in the future depends on the behavior of market
conditions, regulations, competition, and the performance of the
Colombian economy and the industry, among other factors, and are
consequently subject to change without prior notice.
This release contains statements that may be considered
forward-looking statements within the meaning of Section 27A of the
U.S. Securities Act of 1933, as amended, and Section 21E of the
U.S. Securities Exchange Act of 1934, as amended. All
forward-looking statements, whether made in this release or in
future filings or press releases, or orally, address matters that
involve risks and uncertainties, including in respect of the
Company's prospects for growth and its ongoing access to capital to
fund the Company's business plan, among others. Consequently,
changes in the following factors, among others, could cause actual
results to differ materially from those included in the
forward-looking statements: market prices of oil & gas, our
exploration, and production activities, market conditions,
applicable regulations, the exchange rate, the Company's
competitiveness and the performance of Colombia's economy and industry, to mention a
few. We do not intend and do not assume any obligation to update
these forward-looking statements.
For more information, please contact:
Head of Capital Markets
Carolina Tovar Aragón
Email: investors@ecopetrol.com.co
Head of Corporate Communications
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co
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SOURCE Ecopetrol S.A.