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March 28, 2023
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President Gabriel Boric appoints former minister Eduardo Bitrán and Isabel Marshall as new directors of Codelco

President Gabriel Boric appointed Eduardo Bitrán Colodro and Isabel Marshall Lagarrigue as new directors of the National Copper Corporation (Codelco). The foregoing, after the respective completion of the selection processes through the Senior Public Management System.

Isabel Marshall has a vast trajectory of more than 40 years. She is a sociologist by profession and has a master’s degree in Economics from the Pontificia Universidad Católica de Chile, and also has a master’s degree in Public Administration and a doctorate in Economics and Government from Harvard University, United States.

Marshall has had an extensive career at Codelco. From 1994 to 1998 he served as Energy Studies and Management Manager. Four years later, in 2002, she took over as Corporate Vice President of Operational Excellence, Promotion and Sustainability. In 2006, she served as Corporate Vice President of Finance, Promotion and Sustainability until 2008. In addition, she was Corporate Manager of Planning and Management Control at Antofagasta Minerals.

She is currently a partner at Mardones and Marshall Consultores, and will take over this week to replace former director Patricia Núñez until May 2025.

For his part, Eduardo Bitrán is an industrial civil engineer from the University of Chile, and has a PhD in Economics from Boston University, United States. Between 2006 and 2008 he served as Minister of Public Works during the first administration of former President Michelle Bachelet.

Likewise, he has been a member of various boards of private companies and state institutions, such as Enami, Transelec, among others. He was president of the National Innovation Council for Competitiveness and General Director of Fundación Chile. Between 2014 and 2018 he was executive vice president of Corfo.

He has been a professor at the Department of Industrial Engineering at the University of Chile and a tenured professor at the Faculty of Engineering and Sciences at the Adolfo Ibáñez University, in addition to being a consultant on infrastructure and competitiveness matters in countries such as the Dominican Republic, Mexico, Colombia and Guatemala. .

In this way, the new director will take over during the course of this week, replacing the late director Isidoro Palma until May 10. He will then assume a regular four-year term, for which he was appointed through the same Public Senior Management system last February.

It should be noted that Law No. 20,392 determined a new corporate governance for the state company, where four of its nine directors are selected through the Senior Public Management System, through a special procedure for the search and selection of candidates.

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