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About the Bank  Management Report Second Half 2012 ABOUT the BANK 11 8 Management Report Second Half 2012 We undertake the commitment of including social responsibility in all our Actions. We take responsibility for our leadership role in every country we operate in; therefore, we incorporate our Corporate Social Responsibility in all our strategies and activities by promoting and consolidating an inclusive and sustainable banking. Chapter 1 About the Bank Management Report Second Half 2012 ABOUT THE BANK 11 1. About the Bank 4JODFJUTJODPSQPSBUJPOJO #BODPEF#PHPUgIBTCFFO Banco de Bogotá, a Regional Bank growing and become part of Colombians everyday life. With Vision its experience of 142 years of operation, the Bank is part of To be one of the leading Banks in Colombia and Central the Grupo Aval and ranks second in the Colombian banking America growing as its customers, human team, system in terms of assets, which positions it as a major stake- shareholders and the country grow. NEW YORK IPMEFSJOUIFDPVOUSZBOEUIFOBUJPOBM»OBODJBMTFDUPS To be the benchmark in universal banking (best customer TFSWJDF FG»DJFODZ FYDFMMFOUJOOPWBUJPO JO$PMPNCJB UNITED STATES Mission, Vision and Corporate Values Corporate Values &G»DJFODZ¯#FDBVTFXFVTFSFTPVSDFTJOBOPQUJNVNBOE The mission, vision and corporate values are the guidelines intelligent manner. UIBUEF»OFUIFDPVSTFXFXJTIUPNBJOUBJOBOEQSPKFDUGPS 3FTQFDU¯#FDBVTFXFWBMVFPVSTFMWFTBTQFPQMFBOEBDDFQU the permanence and evolution of our organization. We thus each other’s integrity. determine our reason for being through a series of criteria $PNNJUNFOU¯#FDBVTFXFJEFOUJGZXJUIPVSCBOLBOEGFFM and premises that identify our organization in Colombia and we are an integral part of its success. the places we operate in. -FBEFSTIJQ¯#FDBVTFXFXPSLXJUIBOFOUIVTJBTUJDBUUJUVEF )POFTUZ¯#FDBVTFXFBDUJOBOFUIJDBMBOESFTQPOTJCMF manner generating trust in our customers. MIAMI 4FSWJDF¯#FDBVTFXFTFSWFBTBQSJODJQMFPGMJGF Mission A leading bank in Colombia in the market of corporations, QFPQMFBOEUIFTPDJBM PG»DJBMTFDUPS A bank always at the forefront offering anticipated solutions to customers which allow them to live a satisfactory banking experience. “A leader bank that The best support for the growth and progress of its customers because it values them and is willing and available to advise them, provide them with an expedient, timely, kind and quality service. "CBOLUIBUBDIJFWFTMFBEFSTIJQUBSHFUTJOUFSNTPGFG»DJFODZ GPSUIFCFOF»UPGJUT QSP»UBCJMJUZ ZJFMEBOEUIFWBMVFHFOFSBUJPOTIBSFIPMEFST customers, its human 11 Countries expect. 10.9 Million Clients A bank that has a team of talented employees who work with team, its shareholders 35,508 Employees JOHFOVJUZ EFWPUJPO FG»DJFODZ FYQFEJFODZ DPNNJUNFOU and loyalty, always aiming at achievement and motivated and its country”. 1,247 Branches by the pride of belonging to an institution that brings them 2,531 ATMs wellbeing and growth. $80.5 Trillion Assets By example and support, Banco de Bogotá endorses its $44.2 Trillion Net Loans commitment towards building and taking ownership of its $51.0 Trillion Deposits WBMVFT CSJOHJOHGPSUIHSPXUI DPFYJTUFODFBOECFOF»UTGPS $1.3 Trillion Net Profits the community. t'JHVSFTJO$PMPNCJBO1FTPT 12 Management Report Second Half 2012 ABOUT THE BANK 13 Corporate Governance Organizational Structure One of our main strengths is our Corporate Governan- This is how a series of international and national regulations ce structure, with staff oriented to the fulfillment of and standards² , have been enacted and are governed by the the corporate purpose, offering high standards in the Bank’s management bodies (Shareholders General Meeting, Banco de Bogotá quality and safety of services and activities structured Board of Directors, Auditing Committee, Credit Committee, General Management according to ethical principles and an excellent mana- Credit Risk Committee and Treasury, Asset and Liability Te- gement. Our Board of Directors decisions are aimed at chnical Committee (ALM), Asset and Liability Technical Com- managing risk resulting from the development of the mittee for Banco de Bogotá Panama-Nassau and Agencies ShareholdersShareholders’ control system defined by internal and external me- Abroad, Support Committee, Liquidity Committee, Follow- GeneralGeneral Meetingg chanisms increasing structured and functional for the up Committees, Control Committees, Management Com- CConsumer Defender AudiAuditors Bank¹. mittees and Primary Groups Committees, among others). Board Off DirectorsD CreditCredit CCommitteeommittee General Secretariat AlbertoAlbelb rto PérezPéreé z V. CCreditredit Risk and Treasury Presssiiddent Committee AlejandroAlejjandrooF FiF guerg oa J. SSupportSupppport Committee CCommittittett eALe ALCO AAuditudit CCommitteeommittee Board of Directors ((AssetsAssets & LiabilitiesLiabilities Committee)) PRINCIPALS ALTERNATES Executive Vice-president LUIS CARLOS SARMIENTO GUTIÉRREZ GUILLERMO PERRY RUBIO Financial Vice-President Juan María Robledo Vice-President María Luisa Rojas Systems and Operations SERGIO URIBE ARBOLEDA JORGE IVÁN VILLEGAS MONTOYA Jaime Gamboa ALFONSO DE LA ESPRIELLA OSSÍO ANA MARÍA CUÉLLAR DE JARAMILLO Legal Management Vice-President Vice-President José Joaquín Díaz SME and Personal Government, CARLOS ARCESIO PAZ BAUTISTA SERGIO ARBOLEDA CASAS Vice-President Banking Institutional and Administrative Area JOSÉ FERNANDO ISAZA DELGADO ALVARO VELÁSQUEZ COCK Credit Risk Direction and Fernando Pineda Social Banking Luis Carlos Moreno Treasury Liliana de Plaza Carlos Nieto ADVISOR TO THE BOARD OF DIRECTORS Vice-President Credit Vice-President César Castellanos Corporate Banking Vice-president LUIS CARLOS SARMIENTO ANGULO General Comptroller Rafael Arango Credit Cards Gustavo Arturo Peláez Julián Sinisterra Vice-President STATUTORY AUDITORS International and Treasury Germán Salazar KPMG LTDA. Control and Compliance Unit Corporate Solutions Luis Bernardo Quevedo Leasing Unit Delegate: Managment Managment José L. Borda MARIA LIGIA CIFUENTES ZAPATA María C. Pabón 51¯5 FINANCIAL CONSUMER DEFENDER Management Control and Business Areas Support Areas OCTAVIO GUTIÉRREZ DIAZ Support Areas 1/ For further information on control mechanisms, refer to the Notes attached to the Financial Statements. 2/ Basel, COSO, COBIT,SOX,PCI,NTC 5254,MECI,SARC,SARLAFT,SARM,SARO,SARL, Circular Letter14 ,among others 14 Management Report Second Half 2012 ABOUT THE BANK 15 Banco de Bogotá and Affiliates Banco de Bogotá and Affiliates Direct and Indirect Share Universal bank with a wide products and services COUNTRY Direct portfolio present throughout the national territory. AFFILIATES Alejandro Figueroa - President (COLOMBIA) Indirect Direct + Indirect Central American Bank Holding Ernesto Castegnaro- President Bank Transactions a Credit Cards Operations. Corp. Financiera Fiduciaria Casa de Bolsa Almaviva Porvenir Megalínea Colombiana Bogotá 22.79% 94.92% 35.28% 94.90% Financial Corporation having a broad portfolio of products 37.90% 94.99% specialized in Private and Investment Banking, Treasury José E. Melo - President and Equity Securities Investments 38.95% 11.63% Pensions Fund and Severance Fund Managment 46.91% Miguel Largacha-President 61.74% 49.78% Execution of Contracts on Mercantile Trust and Trust Funds. FOREIGN AGENCIES 99.56% AFFILIATES ABROAD Cesar Prado Villegas- President 0.88% Stock Brokerage Firm (securities trading intermediation and Management of securities funds). Daniel H. Gómez -President Banco de Bogotá Ficentro Leasing Bogotá Banco Bogotá Finance Corp (Panama) (Panama) Panama General Warehouse, Customs Agent and (Cayman Islands) Integral Logistics Operator 49.78% 100% 100% Pedro Echeverría -President 100% 100% 100% Technical and Administrative Services Company, Nubia Inés Sanabria- General Manager serving internal and external customers. B. A. C. Credomatic Inc. Banco Bogotá Nassau Ltd. (Bahamas) (Virgin Briths Islands) General and International License to carry out banking businnes. José A.Santana-President Mario F. Blanco -President All shares are ordinary Banco de Bogotá Finance Corporation Institution Licensed to operate With its international expansion, Banco de Bogotá operates in Colombia, Panama, Bahamas, the Cayman Islands Luis C. Sarmiento Jr., Germán Salazar y John Kennedy -Representatives as a Financial Corporation BOE$FOUSBM"NFSJDB BMMPXJOHJUUPDPOTPMJEBUFBTPOFPGUIFTPVOEFTUDPOHMPNFSBUFTJOUIF»OBODJBMTFDUPS Ficentro Financial Institution authorized to place but not to raise funds which is overseen by José A. Santana - Representative The Finance Ministry of Panama 16 Management Report Second Half 2012 ABOUT THE BANK 17 Principal Shareholders of the Bank Ethical Commitment December 31, 2012 Ethics and transparency are built through elements of the various internal regulations, manuals and standards QPSBUJOHHPPEQSBDUJDFTBOEUIFFYQFSJFODFPGPVSBG»MJBUF A continuación se presenta el listado de los principales organizational culture with which we foster principles, va- published in full and available to all employees at the BAC Credomatic on the subject. BDDJPOJTUBTEF#BODPEF#PHPUgBEJDJFNCSFEF lues and behaviors among employees, aiming at achieving Bank’s intranet. Principal Shareholders this ideal. 5IVT BTBSFTVMUPGB»STUBQQSPBDIUPPVSNPTUSFMFWBOU PRINCIPALES ACCIONISTAS Procedures that enable employees at all levels of the or- interest groups (Customers,Workers,Suppliers,Society, Accionista Número These initiatives are based on good governance and their ganization to have the knowledge, skills, attitudes and Goverment,Shareholders and Investors), Corporate Social Participación de Acciones QVSQPTFJTUPFOTVSFBOFG»DJFOUBOEQSPQFSNBOBHFNFOU
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