Itaú Colombia appointed Jorge Villa as its new President and Chief Executive Officer effective 21 March 2025, succeeding Baruc Sáez. The appointment was made by the Itaú Colombia board, which also named Tatiana Uribe, head of investment banking, to succeed Villa as Vice President of Corporate Banking. Sáez, who led the bank for nearly five years, will remain in Colombia until the end of May to support the transition.
Villa was promoted from his position as Vice President of Corporate Banking at Itaú Colombia. Itaú said the appointment reflects a fundamental principle of its corporate culture, meritocracy.
BACKGROUND
Jorge Villa has more than 27 years of experience in the financial sector. He joined Itaú Colombia in 2011.
As Vice President of Corporate Banking, Villa headed the bank's corporate banking business.
GROUP CONTEXT
Itaú Colombia forms part of the broader Itaú Unibanco group, which operates across multiple Latin American markets from its Brazilian base.