On March 31, the current president of Ecopetrol, Felipe Bayon, He will step down after five years and six months at the helm of the country’s largest company.
(Ecopetrol’s achievements with Felipe Bayón at the helm).
Despite the fact that his departure took many by surprise, the truth is that Bayón had been contemplating his departure for some time. This issue had even been raised last year on the company’s board of directors.
“I told them, let’s do things in order, let’s do things right, here the important thing is the institutions and the teams and we managed to reach an agreement with the board within respect,” Bayón stated in an interview on Caracol Radio.
(‘My departure from Ecopetrol has nothing to do with not exploring’: Bayón).
Although he pointed out that he has not yet defined his job future, he acknowledged that he does not see himself on the public side. “I think that the issue of going to do something public is not my thing”he admitted.
Regarding what will happen to Ecopetrol after his departure, Bayón said that “Colombia is in a company with a world-class flight plan” and stressed that “You have to take care of the company.”
On the country’s energy future, he assured that the Government continues to analyze whether new contracts are needed and specifically on the fracking He said on Blu Radio that he will abide by the decision of Congress, but if it cannot be done in Colombia, Ecopetrol will do it in another country.
(Felipe Bayón leaves Ecopetrol: he will leave the Presidency on March 31).
“If the Government and Congress decide that there is no fracking in Colombia, Ecopetrol will not do fracking; however, this would allow the company not only production in reserves but profit and also that Ecopetrol’s accounts are solid. Today between dividends, taxes and royalties it can be 10 percent of the Budget”Bayon said.
In addition, he said that you have to have these businesses running, but with a low carbon intensity, with reuse and recirculation of water and with policies that allow this decarbonization. “We have to keep moving forward in the transition. They are things that are not fighting, but complementing each other”, sentenced.
Economy and Business EL TIEMPO
