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MAPFRE, the Spanish based global insurer, has named José Carpio as the new CEO for Colombia, replacing Raul Fernandez Maseda, who is retiring after 20 years with the company. Carpio has been the CEO of MAPFRE in Mexico, and has also held responsibilities with MAPFRE Asistencia in...

HBI (Helm Banca de Inversion) the independent investment bank belonging to Helm Group, has started 2015 as Colombia’s leading investment bank in the discipline of Project Finance. Currently, the investment bank is working on more than 20 large transactions in sectors such as...

Above photo: Serge Elkiner, CEO of Yellow Pepper Yellow Pepper, the first Latin American mobile financial company to receive a World Bank IFC (International Financial Corporation) equity investment, has launched Yepex, Latin Americas’ first “smart wallet” with functionality...

Carlos Ferrer has been making moves since taking over as the general manager and vice president of Unisys LACSA, encompassing all of Latin America except Mexico and Brasíl. Running everything from his Bogotá office, Ferrer is responsible for leading over 2,000 employees,...

As the digital revolution transforms the economy, one megabank chairman warned his staff recently, “The industry faces more change in the next 10 years than there has been in the past 200.” So where will those banking changes emerge in 2015? Let’s use the familiar categories of...

On March 3rd and 4th over 350 delegates will gather at the JW Marriot in Bogotá for the 4th annual Bonds, Loans & Derivatives Andes. The leading event in banking and finance in the Andean region, the symposium brings together public and private financial institutions,...

Colombia has made significant strides in the shift to electronic payments, but further progress in addressing the informal cash economy, increasing merchant acceptance and consumer adoption is needed to further advance the shift to digital payments in the country, according to a...

Bogota Based Cardinal Compañia de Seguros has concluded negotiations leading to The Travelers Companies of The United States partnering with Brasil based J Malucelli to  acquire a majority stake in the upstart surety provider. The company will remain in Bogotá but be rebranded as...

Superfinanciera, the Colombian regulator of insurance activities, has given Brazilian Reinsurance provider Terra Brasis Re authorization to enter the Colombian insurance market as a foreign reinsurer, as registered in Colombia’s REACOEX, or Registry of Foreign Reinsurers and...

Global meeting and events organizer Markets Group is gearing up for a one day pan regional meeting hosting leading fixed income investors from throughout Latin America, including pension funds, sovereign reserves, and central bankers. The event is designed to demystify the...