Grupo Aval Announces Key Leadership Changes
Company Announcements

Grupo Aval Announces Key Leadership Changes

Grupo Aval Acciones Y Valores Sa Pfd (AVAL) has released an update.

Grupo Aval Acciones y Valores S.A. announces major leadership changes as Mr. Luis Carlos Sarmiento Angulo retires from his long-held position as Chairman, passing the baton to Dr. Luis Carlos Sarmiento Gutiérrez. The shareholders approved a new board, reflecting the company’s commitment to a structured succession plan, which includes the appointment of Ms. María Lorena Gutiérrez Botero as the new President starting April 1, 2024. This move is part of a broader transformation aimed at enhancing multidisciplinarity, independence, and gender diversity within the organization’s governance.

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