With the aim of promoting Colombian capital markets on the world’s most important stock exchanges, the Colombian Securities Exchange (Bolsa de Valores de Colombia, BVC), the Colombian Central Security Depositary Company (Deposito Centralizado de Valores, DECEVAL) and Citi are hosting Colombia InsideOut, an event designed to encourage foreign portfolio investment in Colombia.
This event will be presented by several senior government officials, CEOs from some of the most important Colombian companies, and business and financial leaders. Colombia InsideOut will be held May 21-22 at the Waldorf Astoria in New York and May 24-25 at the London Stock Exchange.
Participants will have the opportunity to explore strategies and opportunities as well as the challenges of capital markets in Colombia. Specific themes will include the expansion of Colombian banks in Latin America, the development of infrastructure aimed at global competitiveness, the oil industry, and opportunities for sustainable growth. Colombia’s Minister of Finance and Public Credit, Juan Carlos Echeverry, and the CEO of the Colombian Securities Exchange, Juan Pablo Cordoba, will deliver the opening remarks. A highlight of the event will be “one-on-one” meetings with participating companies and investors, organized by Citi.
“These events provide vital information to investors that would be difficult to obtain via other channels. At each roadshow we hold one-on-one sessions with government officials, country regulators and private sector representatives, a unique opportunity for global investors to gain insights into the country’s financial, capital markets, as well as long term investment opportunities in each possible industry,” commented Jorge Hernan Jaramillo, CEO of Deceval.
“Colombia is one of the most important economies in the region and has a wealth of natural resources and very dynamic growth rates,” BVC’s CEO, Juan Pablo Cordoba, added. “The country continues to sign new trade deals and expand its role on the international stage, including hosting the Summit of the Americas in 2012. It is important for external investors to take advantage of this opportunity and learn more about the country’s significant economic potential.”
Bernardo Norena, President for Citi Colombia, emphasized the current dynamism of the Colombian market, which launched eight IPOs and reached more than one million individual investors in 2011. “This event is an opportunity to approach the big players focused on the world’s leading financial centers, which will certainly bring benefits to every issuer in the country,” he remarked.
Confirmed speakers at the New York and London events include Juan Carlos Echeverry, Minister of Finance and Public Credit; Jose Dario Uribe, Governor of Colombia’s Central Bank; Mauricio Cardenas, Colombian Minister of Mining; Gerardo Hernandez, Colombian Financial Superintendent; Javier Gutierrez, CEO of Ecopetrol; Diego Solano, CFO Grupo Aval; Sergio Restrepo, Vice President for Capital Markets at Bancolombia; Charle Gamba, CEO of Canacol; Jose Alberto Velez, CEO of Grupo Argos; Monica de Greiff, CEO Empresa de Energia de Bogota; and Carlos Enrique Piedrahita, CEO of Nutresa.
Also confirmed to participate are David Bojanini, CEO of Grupo Sura; Jose Loaiza, Merchandise & Supply Chain VP for Grupo Exito; Jose Francisco Arata, CEO of Pacific Rubiales; Juan Fernando Vazquez, CFO of Isagen; Gerardo Grajales, CFO of Avianca-Taca; Juan Guillermo Londono, CEO of Celsia; Camilo Barco, CFO of ISA; Jack F. Scott, COO of Petrominerales; Juan Pablo Cordoba, CEO of BVC; and Jorge Hernan Jaramillo, CEO of Deceval.
Other participant sponsors include: Pacific Rubiales, Avianca-Taca and the Financial Times.