Executive Board, Board, and Committees

Argo is managed by an Executive Board, made up of three (3) members, elected by the Board of Directors. The Officers will have a unified term of office of two (2) years, reelection being permitted, and their duties are detailed in our Articles of Incorporation.

Simone Borsato

See more

Simone Borsato

Chief Financial Officer (CFO)

André Moreira

See more

André Moreira

Chief Executive Officer (CEO)

Alexandre José Marqueti Fontes

See more

Alexandre José Marqueti Fontes

Chief Operating Officer (COO)

Board of Directors

The Board of Directors (“BoD”) has the mission of protecting and enhancing the Company’s assets, maximizing investment returns, and establishing Argo’s overall business direction, making decisions on strategic matters. The powers and responsibilities of the Board are set forth in the Company’s Bylaws.

The BoD is composed of six (6) regular members and six (6) alternate members, all elected at the General Shareholders’ Meeting, with a unified two-year term and eligibility for re-election. The Chair of the Board of Directors is also elected at the General Shareholders’ Meeting, with the position alternating between directors nominated by each shareholder, as provided in the Bylaws.

The BoD meets regularly once every quarter and, extraordinarily, whenever convened by the Chair of the Board. If an extraordinary meeting is requested by at least three (3) Board members, the Chair must call the meeting.

Below is the composition of the Board of Directors:

Name Position Indication Independent Election Date End of Term Substitute
Mariano Aparício Bueno President REDEIA No 04/10/2026 04/10/2028 Juan Francisco Collado Sanchez

Mr. Mariano Aparício Bueno holds a degree in Telecommunications Engineering from the Polytechnic University of Madrid. He has been working at Redeia Corporation S.A. for 17 years and currently serves as General Director of Telecommunications and International Business, with solid experience in the field within the power transmission sector. In addition, Mr. Mariano Aparício Bueno serves as Chairman of the Board of Directors, as well as a full member of the Advisory Committee, the Finance and Investments Committee, and the Audit and Compliance Committee of Argo Energia.

Andres Baracaldo Sarmiento Vice President GEB No 04/10/2026 04/10/2028 Juan Jacobo Rodríguez Gaviria

Mr. Andrés Baracaldo is an economist, graduated from Universidad de los Andes, with an MBA and a specialization in Finance from London Business School. Between 1997 and 2009, he worked as an investment banker in Bogotá and London, covering the utilities sector at institutions such as Corfivalle, Schroders, Schroder Salomon Smith Barney, and Royal Bank of Scotland. In 2009, he joined Corporación Financiera Colombiana, where he served as Executive Director of Investment Banking (2009–2011) and Vice President – Chief Investment Officer (2011–2016), being responsible for the corporation’s energy investment portfolio. In 2016, he joined Interconexión Eléctrica S.A. (ISA) as Vice President of Growth and Business Development and, since 2018, has held the position of Vice President of Growth at Grupo Energía Bogotá (GEB). Currently, Mr. Andrés serves on the boards of Red de Energía del Perú, Consorcio Transmantaro, Consorcio Eléctrico Yapay, Calidda, Contugas, and Electrodunas in Peru.

Carlos Puente Perez Holder REDEIA No 04/10/2026 04/10/2028 David Montero Escribano

Mr. Carlos Puente holds a degree in Industrial Engineering from ICAI School of Engineering. In addition, he completed postgraduate studies in the economics of the electricity sector at Universidad Carlos III in Madrid, as well as in finance and various programs at IESE.
He currently serves as Director of Corporate Development, responsible for strategic planning, business development, and mergers & acquisitions (M&A) at Redeia, and is also a member of the Executive Committee. He also serves as a board member of Reintel and Redinter subsidiaries.
With more than 20 years of experience at Redeia, he has held various roles and responsibilities in business development and M&A, strategic planning, international business, telecommunications management, and electricity system operations.

María Soler Soneira Holder REDEIA No 04/10/2026 04/10/2028 Emílio Cerezo Díez

Ms. María Soler holds a degree in Industrial Engineering from ICAI, with a specialization in Electricity, and is also a Senior Technician in Occupational Risk Prevention, with a specialization in Occupational Safety. She completed the Management Development Program at IESE and the PROMOCIONA Program at ESADE.
Ms. María Soler has taught at Universidad Pontificia Comillas, ICAI-ICADE, in the area of power lines, and was a lecturer in the Master’s program on Design, Construction, and Maintenance of High-Voltage Power Lines. In 2003, she joined Red Eléctrica as a line engineering technician. Since 2015, she has held various management positions within the Transmission Division in areas such as transmission asset renewal, construction, environment, and line engineering. In 2021, she was appointed Director of Engineering and Construction and, since late 2023, has served as Director of Technology and Transport. Additionally, Ms. María Soler is a full member of the Boards of Directors of the company’s international subsidiaries in Chile, Peru, and Brazil.

Fernando Augusto Rojas Pinto Holder GEB No 04/10/2026 04/10/2028 Fredy Antonio Zuleta Davila

Mr. Fernando Rojas is an electrical engineer, graduated from the National University of Colombia, with a master’s degree in Power System Analysis from the University of Manchester, England. He completed courses on public utility company management in Sweden and Canada, and holds a specialization in Finance from Universidad EAFIT – Medellín and FGV – São Paulo.
Between 1979 and 2021, he developed most of his professional career at ISA, where he held various technical and administrative positions, including dispatch engineer at the control center, head of planning and operations analysis, head of fault analysis and protection coordination, marketing director, energy transmission manager, and new business manager. From 2007 to 2021, he served as CEO of ISA Capital, and between 2017 and 2021, as CEO of ISA, the holding company of CTEEP and TAESA in Brazil.
Additionally, he was a member of the Board of Directors of ISA CTEEP (2006–2022), TAESA (2017–2022), and Internexa Participações (2013–2022). Since 2022, he has joined Grupo Energía Bogotá (“GEB”), where he serves as CEO of Gebbras and represents GEB since that same year.

Jorge Andrés Tabares Angel Holder GEB No 04/10/2026 04/10/2028 Néstor Fágua Guauque

Mr. Jorge Tabares is a civil engineer, graduated from Escuela de Ingeniería de Antioquia, and holds a master’s degree in Business Administration from Stanford University. He served as Executive Vice President and member of the Management Committee of Grupo EPM between 2015 and 2020. In addition, he led the Corporate Finance team, overseeing financial planning, funding, investment management, budgeting, accounting, taxation, treasury, and private capital financing.
Throughout his career, Mr. Jorge Tabares successfully managed challenges related to sustainability, liquidity, and insurance claims. He was responsible for risk management, fostering a strong risk culture and effectively handling complex insurance and claims processes. He has been recognized for his teamwork, vision, and leadership capabilities, extending beyond his direct responsibilities in finance and risk. He also served twice as Acting CEO of EPM.
Currently, he holds the position of Chief Financial Officer (CFO) at Grupo Energía Bogotá (“GEB”).

Audit Committee

The Audit and Compliance Committee (“ACC”) has as its main responsibilities monitoring the quality of financial statements, internal controls, risk management, compliance, internal audit, and independent audit, as well as carrying out activities related to active and preventive oversight, aiming to ensure the reliability and integrity of information in order to protect and enhance governance. Likewise, it issues recommendations to the Board of Directors regarding matters within its competence (although without binding effect). The ACC meets regularly once every quarter and, extraordinarily, whenever necessary.

The ACC is composed of four (4) regular members and four (4) alternate members, all elected by the Board of Directors, as follows:

Name Indication Position Election Date End of Term Substitute
Mariano Aparício Bueno REDEIA Holder 04/30/2026 01/29/2028 Juan Francisco Collado Sanchez
Fernando Frias REDEIA Holder 01/29/2026 01/29/2028 Rebeca Melendre Rebolleda
Néstor Fágua Guauque GEB Holder 01/29/2026 01/29/2028 Juanita Garcia
Fernando Augusto Rojas Pinto GEB Holder 01/29/2026 01/29/2028 Diego Forero Beltran

Finance and Investment Committee

The Finance and Investment Committee (“FIC”) has as its main responsibilities discussing financial, tax, and investment practices and needs, as well as monitoring the financial indicators of Argo and its subsidiaries. Likewise, it issues recommendations to the Board of Directors regarding matters within its competence (although without binding effect). The FIC meets regularly once a month and, extraordinarily, whenever necessary.

The FIC is composed of four (4) regular members and four (4) alternate members, all elected by the Board of Directors, as follows:

Name Indication Position Election Date End of Term Substitute
Mariano Aparício Bueno REDEIA Holder 04/30/2026 01/29/2028 Juan Francisco Collado Sanchez
Emilio Cerezo Diez REDEIA Holder 01/29/2026 01/29/2028 Tomás Gallego
Jorge Andrés Tabares Angel GEB Holder 01/29/2026 01/29/2028 Diego Forero Beltran
Andres Baracaldo Sarmiento GEB Holder 01/29/2026 01/29/2028 Fernando Augusto Rojas Pinto

Advisory Committee

The Advisory Committee (“SteerCo”) has as its main responsibility acting as a technical committee to support the performance of the Board of Directors’ duties. In addition, it may issue recommendations regarding matters within its competence (although without binding effect). The SteerCo meets regularly once a month and, extraordinarily, whenever necessary.

The SteerCo is composed of four (4) regular members and four (4) alternate members, all elected by the Board of Directors, as follows:

Name Indication Position Election Date End of Term Substitute
Mariano Aparício Bueno REDEIA Holder 04/30/2026 01/29/2028 Raquel Rodríguez
Juan Francisco Collado Sanchez REDEIA Holder 01/29/2026 01/29/2028 Carlos Rene de Kergariou Cordon
Fernando Augusto Rojas Pinto GEB Holder 01/29/2026 01/29/2028 Andres Baracaldo Sarmiento
Fredy Antonio Zuleta Davila GEB Holder 01/29/2026 01/29/2028 Miguel Angel Rojas