Through a message on his social networks, President Gustavo Petro announced the appointment of Olga Lucia Acosta as the new co-director of the Banco de la República, replacing the former Minister of Finance, Alberto Carrasquilla.
(What follows after the departure of Carrasquilla from the Bank of the Republic?).
Petro highlighted that Acosta is a specialist in economic policies and regulation. She is also director of the ECLAC office in Colombia.
I have appointed the economist Olga Lucía Acosta, a specialist in economic policies and regulation and today director of the ECLAC office in Colombia, as part of the board of directors of Banco de la República.
— Gustavo Petro (@petrogustavo) December 2, 2022
The arrival of Olga Lucía Acosta to the board of directors of the Issuer occurs after the Fifth Section of the Council of State annulled the appointment of the former Minister of Finance, considering that the quota law was not complied with.
(Banrep manager regrets Carrasquilla’s withdrawal from the board of directors).
“The Chamber found it accredited that such appointment ignored article 4 of Law 581 of 2000, which establishes the adequate participation of women in the highest decision-making levels at a minimum of 30 percent (gender quota), in addition to other postulates of conventional and constitutional rank that protect the right to equality”assured the high court.
After the appointment, the board of directors of the Banco de la República is confirmed by the Minister of Finance, José Antonio Ocampo; general manager, Leonardo Villar; and the co-directors Roberto Steiner, Bibiana Taboada, Jaime Jaramillo-Vallejo, Mauricio Villamizar and Olga Lucía Acosta.
ECONOMY AND BUSINESS
