Esta es la imagen del Grupo Cibest, la evolución societaria de Bancolombia

Grupo Cibest, holding del Grupo Bancolombia. Foto: Cortesía

Esta es la imagen del Grupo Cibest, la evolución societaria de Bancolombia

TL;DR

  • Shareholders approved operations for Grupo Cibest to become the parent company of Bancolombia's businesses.
  • The change separates Bancolombia's role as a bank from its function as a holding company for subsidiaries like Nequi and Wompi.
  • This restructuring aims for efficient capital allocation, strengthened value proposition for complementary businesses, and alignment with global holding structures.
  • Bancolombia shareholders will receive one share of Grupo Cibest for each Bancolombia share they own.
  • The process is expected to conclude before the end of the first semester.
  • An extraordinary dividend of $624 per share will be paid on April 29.
  • The current Bancolombia board will form the board of Grupo Cibest, and a new five-member board for Bancolombia has been elected.
  • The new Bancolombia board includes 40% women.