#Ecopetrol #Colombia #Bogota #Edwin Palma #Angela Robledo

Recent Changes in the Leadership at Ecopetrol

Ecopetrol S.A., the largest company in Colombia and a significant player in the energy sector across the Americas, has recently made notable alterations to its Board of Directors. On March 5, 2025, the company announced the resignation of Dr. Edwin Palma Egea, a member whose contributions were pivotal. The change will take effect from March 6, 2025.

In light of Dr. Palma's resignation, the Board convened and appointed Ms. Angela María Robledo Gómez as his successor on the Business Committee. Her experience and insights are expected to steer the committee effectively amidst the evolving energy landscape. The current composition of the Business Committee, which is critical for strategic decisions within the company, now includes:

• - Mónica de Greiff Lindo (Chairperson)
• - Angela María Robledo Gómez
• - Álvaro Torres Macías
• - Gonzalo Hernández Jiménez
• - Guillermo García Realpe

As a leader in hydrocarbon production, Ecopetrol accounts for over 60% of Colombia's total output, and this management change comes at a crucial time as the company continues to navigate global energy challenges and opportunities.

About Ecopetrol

Ecopetrol is not only a cornerstone of the Colombian economy but also a major integrated energy corporation in the region. With a robust workforce of more than 19,000 personnel, the company is dedicated to excellence in hydrocarbon production, refining, and logistics. Moreover, Ecopetrol holds a leading position in petrochemicals and gas distribution, ensuring sustainable energy solutions for the country.

In addition to its domestic operations, the company is making strides in various international markets. Following the acquisition of 51.4% of ISA's shares, Ecopetrol has expanded its footprint in energy transmission and real-time systems management (XM), alongside road concessions like the Barranquilla-Cartagena highway. Moreover, the firm maintains exploration and drilling operations in strategic regions across the Americas, including the Permian Basin and Gulf of Mexico in the United States, Brazil, and Mexico.

Ecopetrol’s reach extends into power transmission in countries such as Brazil, Chile, Peru, and Bolivia, solidifying its status as a regional powerhouse in the energy sector.

Strategic Implications and Future Outlook

The shift in leadership comes with intense scrutiny over how it may influence the company's trajectory amidst fluctuating market conditions and regulations. There are inherent risks and uncertainties that businesses in the energy sector must contend with, including oil and gas prices, regulatory frameworks, and competitive landscapes. As such, the company’s management and board will need to demonstrate agility and strategic foresight.

The recent personnel change may also signal a broader strategic realignment within Ecopetrol, aiming to enhance its operational efficiency and expand its market reach. With a new board member in place, the company is set to embark on a new chapter, and stakeholders will be keen to observe how Ms. Robledo’s contributions will shape Ecopetrol’s future initiatives.

Conclusion

As Ecopetrol continues on its mission to lead the energy sector not just in Colombia but across the Americas, the leadership transitions within its Board of Directors reflect an ongoing commitment to adapting to industry changes and driving sustainable growth. Stakeholders, employees, and partners are anticipated to rally around this new leadership as the company prepares for the challenges and opportunities ahead.