Members of the Board of Directors and Management
BOARD OF DIRECTORS
Meet the members that compose our Board of Directors
Meet the executive officers of our institution
Rafael Barraza—Executive President
Mr. Barraza has served as our Executive President since 2010. He previously held various executive positions such as Director of Banco Agrícola, General Director of the Escuela Superior de Economía y Negocios, President and Vice President of the Salvadoran Central Bank, director of the Salvadoran Chamber of Commerce and Industry, director of the Salvadoran Foundation for the Economic and Social Development (Fundación Salvadoreña para el Desarrollo Económico y Social—FUSADES), Governor of the International Monetary Fund, Alternate Governor of the World Bank, alternate governor of the Inter-American Development Bank, alternate governor of the Central American Bank for the Economic Integration, and president of the Central American Monetary Council, among other positions where he gained significant professional experience. He holds a BA from Rice University and a Bachelor’s and Master’s degrees in economics from Pontificia Universidad Catolica de Chile.
Carlos Mauricio Novoa González—Vice President of Operations
Mr. Novoa has served as Vice President of Operations since 2012. Before that, he held different positions in the financial industry such as regional and technology manager at Citibank, director at Citibank, and general manager of credit cards at Citibank. He is a founding member of the Salvadoran Foundation for the Economic and Social Development. He holds a degree in Industrial Engineering and Systems and a master’s in business administration from the Georgia Institute of Technology.
Hernando Suárez Sorzano—Vice President of the Retail & MyPE Banking Division
Mr. Suárez has served as Vice President of the Retail & Micro and Small Business Division since 2008. Before that, he served as manager for the Central Region, and Manager for Bucaramanga and Cúcuta of Bancolombia. He holds a degree in business administration from Universidad Autónoma, in Bucaramanga, and studied at the INALDE advance program in business management at Universidad La Sabana, in Bogota.
Ana Cristina Arango Escobar—Vice President of the Corporate & Government Banking Division
Ms. Arango has served as Vice President of the Corporate & Government Banking Division since 2012. Before that, she served as supervisor of financial analysis, analyst of the credit restructuring unit, manager of international loans, project manager of the Corporate & Government Banking Division, among other positions within Banco Agrícola. She holds a degree in business administration from the University of Texas, in Austin, and a master’s in business administration from Universidad Centroamericana José Simeón Cañas.
Silvia Bruni—Vice President of Risk Management
Mrs. Bruni has served as Vice President of Risk Management since 2011. Before that, she served as loan manager and chief of financial analysis. She also served in the past as senior assistant to the regional coordinator of the United Nations Office for the Project Services (UNOPS) for Central America, assistant to the executive director of the American Commerce Chamber of El Salvador (Cámara Americana de Comercio de El Salvador— AMCHAM), and assistant of human resources at KPMG. She holds a degree in business management from Universidad Dr. José Matías Delgado.
Ana Beatriz Marín Restrepo—Vice President of Strategy and Finance
Mrs. Marín currently holds the charge of Vice President of Strategy and Finance. She incorporated Banco Agrícola since 2014. She joined the Group in 2004, occupying different positions in the accounting area of Bancolombia and then was employed as the Director of Financial Control in Bancolombia Panamá. Prior to 2004, she worked in the areas of costs and budgets at Henkel Colombiana and Unilever Andina. She holds the title of Public Accounting from the University EAFIT of Medellín.
Claudia María López Novoa—Vice President of Treasury
Mrs. López serves as Vice President of Treasury. She served as Director of Treasury, coordinator of foreign banks, and analyst at Banco Agrícola S.A. She also served in the past in the financial planning team of Industrias She also served in the past in the financial planning team of Industrias Metálicas S.A. She also served as General Manager of Valores Banagrícola from 2005 to 2014. She is a Director of the Stock Exchange of El Salvador (since 2010) and of the Instituto de Garantía de Depósitos (Deposit Insurance Fund) (since 2014). She holds a degree in Industrial Engineering from Universidad Centroamericana Jose Simeon Cañas, and a degree in finance from INCAE business school.
Cecilia Gallardo—Director of Corporate Identity
Ms. Gallardo currently serves as Director of Corporate Identity. She joined Banco Agrícola since 2009. She is the former Salvadoran Minister of Education. From 2004 to 2009, she served as coordinator of the social cabinet (gabinete social) in charge of the design and management of programs related to poverty. She served as editor of Prensa Gráfica for six years. She also served as a director of the private school Children’s World. She holds a degree in Psychology from Universidad Centroamericana José Simeón Cañas, and a degree in political sciences from Universidad Centroamericana José Simeón Cañas, and studied education at Harvard University, in Boston.
Dionisio Machuca—Legal Vice President and General Counsel
Mr. Machuca serves as our Legal Vice President and General Counsel since 2014. He served as Legal Secretary—General Counsel to the President of the Republic of El Salvador in 2009 and 2010. He is a former Member of the Central Bank Board and former General Counsel for the Banco de Comercio Financial Conglomerate and the Scotiabank of El Salvador Financial Conglomerate, where he was part of the M&A teams for acquisitions in Guatemala and Costa Rica. He was also Legal Advisor at the Salvadoran Chamber of Commerce and Industry. He has served as president of the Latin American Committee of Banking Law (Comité Latinoamericano de Derecho Bancario) of the Latin American Federation of Banks (Federación Latinoamericana de Bancos—FELABAN) and as president of the legal committee of ABANSA. He holds a degree in law from Universidad Doctor José Matías Delgado, an MBA from Universidad Centroamericana UCA, studied finance at Pontificia Universidad Católica de Chile; pursued postgraduate studies in commercial law and European Community law at Universidad de Salamanca, Spain.