Board of Directors

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Alberto Carrasquilla - Minister of Finance (Available only in Spanish)

Bogotá, D. C.
Profession: Economist

Banco de la República modifies the publication time of the Minutes of the meetings of the Board of Directors

From Tuesday, 3 November 2020 onwards, the official time for publication of the Minutes of the meetings of the Board of Directors will be 5:00 pm on the first working day following the Board's meeting, instead of the previously established time (1:00 pm).  

The purpose of this change is...

Banco de la República welcomes economist Arturo José Galindo Andrade as new member of the Board of Directors

President Iván Duque Márquez announced last Friday, 27 December, on Twitter, the appointment of economist Arturo José Galindo Andrade, Universidad de Los Andes alumnus, as the new member of the Board of Directors of Banco de la República, replacing José Antonio Ocampo.

“I have appointed...

Bibiana Taboada and Mauricio Villamizar took office as Board Members of Banco de la República

The President, Iván Duque Márquez, officially invested the new members of the Board of Directors of Banco de la República, Ms. Bibiana Taboada Arango and Mr. Mauricio Villamizar Villegas, at a ceremony held at Casa de Nariño. These prominent economists will serve on the Central Bank’s Board of...

Board of Directors

How are members appointed?

Changes to the Publication of Minutes of the BDBR

Starting June 2019, the information disclosed after each session of the Board of Directors of the Central Bank in which decisions are taken on the benchmark interest rate will be modified. This change is intended to improve the information related to the monetary policy decision-making process...

Governor, Juan José Echavarría, informed the Board of Directors of his intention to resign from his position as Governor after completing the four-year period

Colombian Central Bank Governor Juan José Echavarría informed the Bank's board of directors today of his intention to resign upon completion of his four-year term at the end of 2020.

Though current statutes allow Central Bank governors to offer their names for re-election for up to two...

How are members appointed?

 The Board of Directors of the Banco de la República consists of seven members with one vote each: the Minister of Finance, five full-time members and the General Manager of the Bank, who is appointed by the other members. Full-time members and the General Manager are appointed for fixed periods...

Jaime Jaramillo Vallejo, new member of the Board of Directors of Banco de la República

President Ivan Duque Marquez has appointed Jaime Jaramillo Vallejo, an experienced economist, as a new member of the Board of Directors of Banco de la República in place of Arturo Galindo. The Board of Directors extends its welcome.

Dr. Jaramillo has a Ph.D. in Economics from Boston...

Mauricio Villamizar and Bibiana Taboada appointed new members of the Board of Directors of Banco de la República

The President of Colombia, Ivan Duque, has appointed Mauricio Villamizar and Bibiana Taboada, both prominent economists, to replace Gerardo Hernandez and Ana Fernanda Maiguashca as new members of the Board of Directors of the Banco de la República. The Board of Directors welcomes them.

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Minutes of the Meeting of the Board of Directors of Banco de la República on 21 June 2019

A regular meeting of the Board of Directors of Banco de la República was held in the city of Bogotá D.C. on Friday, 21 June 2019. In attendance were Alberto Carrasquilla Barrera, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members Gerardo...