#Ecopetrol #Colombia #Bogota #Board of Directors #Committees

Recent Developments at Ecopetrol S.A.

In a significant move, Ecopetrol S.A., the largest company in Colombia, recently convened its Board of Directors on December 10 and 11, 2025. This meeting followed the announcement of the resignations of key directors Mónica de Greiff Lindo and Guillermo García Realpe, who both made substantial contributions during their tenures. The board seized this opportunity to restructure its supporting committees, further illustrating the company's commitment to governance and strategic direction.

New Committee Appointments

The restructuring saw the board approve new leadership across various committees vital to the company’s operations. The Audit and Risk Committee is now chaired by Álvaro Torres Macías, with members including Ángela María Robledo Gómez, Ricardo Rodríguez Yee, and Luis Felipe Henao Cardona. This committee plays a crucial role in overseeing the company’s adherence to financial and operational standards, ensuring sustainable practices are maintained.

The Business Committee, focused on driving market initiatives, will be chaired by Ricardo Rodríguez Yee, supported by influential members like Alberto José Merlano Alcocer and Luis Felipe Henao Cardona. With experienced leaders at the helm, this committee seeks to enhance Ecopetrol's competitive edge in the energy sector.

Under the leadership of Luis Felipe Henao Cardona, the Corporate Governance and Sustainability Committee will guide corporate responsibility initiatives while addressing compliance and sustainability practices. The committee composition includes notable figures committed to fostering transparency and accountability within the organization.

Recognition of Departing Directors

The board took a moment to recognize the significant efforts of Dr. Mónica de Greiff Lindo, the esteemed first female chairperson in Ecopetrol's history, and Dr. Guillermo García Realpe, noting their commitment and leadership. Their ability to drive consensus and their visionary decisions have left an indelible mark on the company's strategy and culture.

Dr. de Greiff is particularly credited with pioneering initiatives that have propelled Ecopetrol's sustainability efforts forward, while Dr. García's tenure as chair was marked by proactive solutions and critical guidance during key transitions for the company.

Ecopetrol’s Strategic Position

Ecopetrol not only holds a dominant position in Colombia's energy sector, responsible for over 60% of the nation’s hydrocarbon production, but also maintains its stature across the Americas. With over 19,000 employees, its influence extends through its involvement in transportation, logistics, refining, and gas distribution.

After acquiring a controlling share in ISA, Ecopetrol expanded its footprint to include various energy transmission projects and real-time system managements, enhancing its operational capabilities. The company’s exploration activities span strategic basins in the United States, Brazil, and Mexico, reinforcing its commitment to sustainable energy exploration and achievement.

Looking Ahead

As Ecopetrol moves forward, the newly formed committees are poised to enhance the company’s operational efficiency while aligning with broader strategic goals. The upcoming initiatives are expected to address not only top-line growth but also solidify the company’s commitment to environmental stewardship and social responsibility.

The future holds numerous opportunities for Ecopetrol, and with its robust board and strategic committee framework now in place, the company is well-equipped to navigate the complexities of the ever-evolving energy landscape. The commitment to bridging strategic objectives with sustainable practices continues to guide Ecopetrol as it seeks to thrive amidst challenges and transformations in the industry.