Juan Luis Franco Arroyave

Mr. Juan Luis Franco Arroyave is Independent Director at BTG Pactual SA Comisionista de Bolsa, and Director at Bolsa de Valores de Colombia SA. He was previously employed as President by Bolsa y Renta SA Comisionista de Bolsa, which, was acquired by BTG Pactual, as Director of Economic Research from 1993 to 1994, then, as Chief financial Officer (1994-1994), Vice President of Equity Funds (1996-2002) and lastly as Chief investment officer (092002-2006) by Valores Bancolombia SA. Mr. Franco holds a degree in Civil Engineering from Escuela de Ingeniería de Antioquia, Bachelor's in Finance from Universidad EAFIT and MBA from Massachusetts Institute of Technology ( MIT).