Members of the Board of Directors and Senior Management

Board of Directors

The Bank´s Board of Directors is made up of seven (7) members. These must be approved by the Panamanian oversight authorities with regard to their professional track record and credit history. The Board currently consists of the following members:

  • Jaime Alberto Velásquez Botero – Chairman
    Mr. Velásquez holds a degree in Economics from the Universidad de Antioquia. Between 1989 and 1997 he held various managerial positions in the Economics and Investor Relations Departments of Bancolombia S.A.. In 1997 he was appointed Vice-President of Finance and since 2012 has served as Vice-President of Finance and Strategy at Bancolombia S.A.

  • Augusto Restrepo Gómez – Vice-Chairman
    Mr. Restrepo holds a degree in Business Administration from the Universidad Cooperativa de Colombia, as well as a postgraduate degree in Marketing at the Universidad EAFIT. He has also completed Senior Management programs at both the Universidad de los Andes and the Universidad de la Sabana. Mr. Restrepo has held several positions in Bancolombia, beginning in 2007 when he was appointed Administrative Vice-President, a post held until 2011 when he took over Vice-President of the Human Resource Management Department. Since 2013 he has served as Vice-President of the Integration Project in Panama.

  • Gonzalo Toro Bridge – Treasurer
    Mr. Toro holds a degree in Business Administration from the Universidad de EAFIT and earned a diploma in Management for Foreign Banks from the University of Pennsylvania. From 1994 to 2003 he held the post of Vice-President of Corporate and International Banking at Bancolombia S.A. Since 2003, he has served as Vice-President of Corporate and Government Banking at Bancolombia S.A.

  • Luis Santiago Pérez Moreno – Company Secretary
    Mr. Perez holds a degree in Industrial Economics from the Universidad de los Andes as well as a Master´s degree in Economics and Corporate Management from the Instituto de Estudios Superiores de la Empresa IESE, in Barcelona He has held various posts at Bancolombia S.A. including Regional Manager of Personal Banking and Manager of International Commerce, both in Bogota. Since 1989 he has served as Vice-President of Personal and SME Banking.

  • Sergio Restrepo Isaza – Director
    Mr. Restrepo holds a degree in Business Administration from the Universidad de EAFIT as well as a Master´s degree in Administrative Science from Stanford University. He has held various posts in the Bancolombia Group, including Vice-President of Investment Banking from 1996 to 2004, Chief Executive Officer of Corfinsura in 2004, as well as Vice-President of Corporate Development at Bancolombia S.A. from 2005 to 2011. He is currently the Vice-President of the Capital Markets at Bancolombia S.A.

  • Michael Bettsack – Director
    Mr. Bettsack holds a degree in Economics with a major in Banking from the University of Pennsylvania. He has served as a consultant for the Panamanian Ministry of Economics. He has also held the post of Chief Executive Officer of various companies outside the finance sector and was a lecturer at the Universidad de Panamá.

  • Jaime Eduardo Alemán Healy – Director
    Mr. Alemán holds a degree in Economics from the University of Notre Dame, and pursued studies in law at Duke University. He was an associate of the firm, Icaza, González-Ruiz & Alemán, and has served as legal consultant for the President of Panama, the Panamanian Justice and Government Ministry, Ambassador for Panama to the United States and is currently an associate of the firm Alemán, Cordero, Galindo & Lee. He has been a member of the Boards of Directors of several financial institutions.

Senior Management

  • Aimee Sentmat de Grimaldo – Chief Executive Officer
    Ms. Sentmat holds a degree in Finance from the Universidad Católica Santa María la Antigua as well as a Master´s degree in Business Administration from the Nova Southeastern University. She has held the post of Vice-President of Commercial Banking at Banco Latinoamericano de Exportaciones between 1997 and 2002, and then served as Head of Commercial Banking at HSBC Bank (Panama) In 2013 she was appointed Chief Executive Officer of Banistmo.

  • Diego Fernando Ponce García-Rada – Vice-President of Human Resources
    Mr. Ponce holds a degree in Finance and Administration from the Florida International University as well as diplomas in Human Resource Management from the University of Michigan and the University of North Carolina. He held the post of Vice–President of Human Resource Management at Standard Chartered Bank in New York from 1999 to 2004, as well as Regional Director of Human Resources at Citibank Panamá from 2004 to 2010. Before his appointment as Vice-President of Human Resource Management at Banistmo S.A. in 2013, he served as Head of Human Resource Management for HSBC Bank (Panamá)

  • John Alejandro Rozo Uribe – Vice-President of Personal and SME Banking
    Mr. Rozo holds a degree in law from the Pontificia Universidad Javeriana as well as a Master´s degree in Business Administration with a major in Marketing and International Business from Saint Joseph's University in Philadelphia. He held the post of Vice-President of Consumer Banking at Citibank Panama between 1999 and 2010 and served as Executive Officer for Distribution and Sales as well as Products and Segments for HSBC Bank (Panama) since 2010. In 2013 he was appointed Vice-President of Personal and SME Banking for Banistmo S.A.

  • Juan Carlos Alaín Arjona – General Manager for the Insurance Division - Banistmo
    Mr. Alaín holds a degree in Accounting with a major in Controllership from the Universidad de Panamá, as well as a Master´s degree in Business Administration from the Universidad Anahuac del Sur. He has served as Head of Accounting, Regional Manager of the Auditing Department as well as Finance Manager for various entities belonging to AIG in Panama, Mexico and Venezuela between 1991 and 2010. Before being appointed at General Manager of Banistmo´s Insurance Division in 2013, he worked for HSBC Seguros (Panama).

  • Rafael Moscarella Valladares – Vice-President of Capital Markets
    Mr. Moscarella holds a degree in Computer Engineering from the Universidad Simón Bolívar in Venezuela, as well as a Master´s Degree in Business Administration from the Instituto de Estudios Superiores en Administración (IESA) also in Venezuela. He served as Vice-President of the Treasury Department for Citibank in Panama from 1997 to 2002 as well as Finance Manager for various financial institutions in Panama. Before being appointed Vice-President of the Capital Markets for Banistmo, he served as Head of Private Banking for HSBC Bank (Panama).

  • Mario Alberto Rojas Bonilla – Vice-President of Corporate and Government Banking
    Mr. Rojas holds a degree in Finance from Florida State University as well as a Master´s Degree in Business Administration from the Nova Southeastern University. He has served as General Manager for Bancolombia S.A. (Panama Branch) since 2011, after holding the post of Vice-President for Business at Banco Panamá. In 2013 he was appointed Vice-President of Corporate and Government Banking at Banistmo.

  • Pablo Emilio Díaz Gómez– Vice-President of Corporate Service (Panama)
    Mr. Diaz holds a degree in Computer and Systems Engineering from the Universidad de los Andes, as well as a postgraduate degree in Business Administration from the Colegio Mayor de Nuestra Señora del Rosario. Mr. Diaz is a certified Anti-Money Laundering Specialist as recognized by ACAMS (the Association of Certified Anti-Money Laundering Specialists). He has also served as General Manager for Bancolombia S.A. (Panama Branch) Bancolombia Cayman and Bancolombia Puerto Rico International Inc. In 2013, he was appointed Vice-President of Corporate Services (Panama) at Banistmo.

  • Juan Gonzalo Sierra Ortiz – Vice-President of Strategy and Finance
    Mr. Sierra holds a degree in Public Accounting from the Universidad EAFIT, and a Master´s Degree in Business Administration from the Instituto Tecnológico y de Estudios Superiores de Monterrey. He has worked for the Bancolombia Group where he has served as Head of Financial Control at Banco Agrícola. In 2013 he was appointed Vice-President of Strategy and Finance at Banistmo.

  • Luis Carlos Amaya López – Vice-President of Risk Management
    Mr. Amaya holds a degree in Civil Engineering from the Universidad de Medellín and a postgraduate degree in Finance from the Universidad EAFIT. He has served as Regional Manager of Corporate and Government Banking at Bancolombia since 1999. In 2013 he was appointed Vice-President of Risk Management at Banistmo.

  • Juan Carlos Arias Osorio – Vice-President of Auditing
    Mr. Arias holds a degree in Systems Engineering from the Universidad EAFIT as well as a postgraduate degree in Finance and a Master´s Degree in Business Administration from this same University. He has held multiple posts in the Bancolombia Group since 1992. He is also a Certified Internal Auditor (CIA) with the International Institute of Auditors holding CRMA and AIRM certifications in Risk Management and an AMLCA certification in the Prevention of Asset Laundering. In 2013 he was appointed Vice-President of Auditing at Banistmo.