María Angelica Arbeláez Restrepo

Colombian

1965

She is an economist from the University of Los Andes, holds a master's degree in economic development from the same university, a master's degree in economic analysis and policy from the School of Advanced Studies in Social Sciences, and is a PhD candidate in economics from the same university.

Currently, she is an associate researcher at Fedesarrollo and was the Academic Director of the Human Development Report for Colombia of the UNDP. Previously, she served as an Advisor to the Colombian Mercantile Exchange, Alternate Executive Director and Government Representative of Colombia at the International Monetary Fund, Deputy Director and Acting Director of Fedesarrollo, Economic Vice President of Asobancaria, and Deputy Director of the Commercial Office of the Ministry of Foreign Trade in Washington D.C.

She has extensive experience in economic research, has been a consultant on several occasions for the Inter-American Development Bank, the World Bank, the International Monetary Fund, and CAF, and has a significant number of publications in journals and books.

She has been a member of the boards of directors of Scotiabank Colpatria, Scotiabank Colpatria Trust, the Women's World Bank, AMV, and the Compañía Colombiana Automotriz. She was also a deputy member of the Board of Directors of Bancolombia.

Her academic background and extensive experience in the financial sector have provided her with a deep understanding of the sector's dynamics and economic development. This expertise allows her to anticipate changes in the environment, lead adaptation processes, and effectively mitigate risks. Furthermore, her participation in boards and committees of organizations with both national and international reach has given her a solid understanding of best practices in corporate governance.

Her ability to analyze economic policies and her vast experience in the financial sector enable her to offer a strategic vision that supports decisions based on economic data. Additionally, her experience in public policy design and managing institutional relations contributes to the creation of innovative strategies that strengthen Bancolombia’s competitiveness and sustainability.

With an analytical approach and a deep understanding of the economic environment, she is well-prepared to help Bancolombia anticipate market trends, optimize operations, and consolidate its leadership position in the financial sector.

She is not involved in any cause of inability or incompatibility according to the law and the Good Governance Code and meets the independence criteria established by the law and the Board of Directors' profile.

She is not a PEP under colombian regulation.