Bancolombia S.A. Announces Appointment of Legal Vice President and Secretary General

MEDELLIN, Colombia, Oct. 27  /PRNewswire-FirstCall/ -- At a meeting held today, the Board of Directors of Bancolombia S.A. ("Bancolombia") appointed Mr. Mauricio Rosillo Rojas as Legal Vice President and Secretary General.  Mr. Rosillo Rojas holds a law degree from Pontificia Universidad Javeriana, a post graduate degree in financial law from Universidad de Los Andes, and a master's degree in commercial and economic law from the University of Georgia in the United States. Additionally, Mr. Rosillo Rojas has taken courses in European law at the Universite Libre de Bruxelles.

Mr. Rosillo Rojas has held several positions in the public and private sectors including, secretary general of Fedeleasing, Interim Colombian Superintendent of Banking Cooperatives ("Superintendente de Economia Solidaria (encargado)"), director of financial regulation of the Colombian Ministry of Finance, supervisor of the securities market of the Colombian Stock Exchange, and president of Autoregulador del Mercado de Valores (a Colombian self- regulatory organization).  Mr. Rosillo Rojas is also adjunct professor at Pontificia Universidad Javeriana and Universidad de Los Andes.

Mr. Rosillo Rojas will join Bancolombia as Legal Vice President and Secretary General on December 1, 2008. He will become a legal representative of Bancolombia upon authorization by the Colombian Superintendency of Finance. 

DATASOURCE: Bancolombia S.A.



CONTACT:  Sergio Restrepo, Executive VP, +011-574-5108668, or Jaime A.

Velasquez, Financial VP, +011-574-5108666, or Juan Esteban Toro, IR Manager,

+011-574-5108866, all of Bancolombia  



Web site:  http://www.bancolombia.com.co/ 

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