Bancolombia: Talent, Culture, And Value Creation Management in Mergers

Supporting evidence

BIC

Banco De Colombia

Conavia

Confinsura

Change leader

Analysis of case data

- Efficiency

Profitability

Alternatives

Alternative 1-Focus profitability and reducing cost-of-operations

Alternative 2- Recreating source of competitive advantage

Alternative 3- Franchising the rural branches

Decision criteria

Analysis of alternatives

Selection of alternative

Implementation

Exhibit I

Manifesto for Integration of Banco Colombia, Corfinsura, and Conavi

Exhibit II

Non-consolidated financial statements of Bancolombia Group

Bancolombia Group was successfully led by the outgoing CEO Jorge Londorio until his retirement in January 2011. Required by the terms of governance to get retired on reaching the age of superannuation, Londorio as well as the rest of the organization was anxious as to what direction will the company head towards under the leadership of incoming CEO Carlos Raul Yepes having a background cement industry. Although Londorio led the group into two biggest mergers of...
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