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Ecopetrol Board Member Hildebrando Vélez Galeano Resigns Effective Immediately

The resignation of Hildebrando Vélez Galeano from Ecopetrol’s board takes effect today, according to a company press release. Ecopetrol, Colombia’s largest firm, retains a 51.4% stake in ISA and said its board can continue operating with the remaining members.

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Priya Anand · Equities & Earnings Desk · 16 Sept 2026 · 18:37 · 1 min read
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Ecopetrol Board Member Hildebrando Vélez Galeano Resigns Effective Immediately

Ecopetrol S.A. announced that board member Hildebrando Vélez Galeano has resigned, with the departure effective as of the date of the press release. The company disclosed the resignation in a statement issued on September 15, 2026, noting that the notice was received on the preceding Sunday.

Ecopetrol, described as Colombia’s largest company, operates across hydrocarbon production, transportation, refining, petrochemicals and gas distribution, with activities in the United States, Brazil and Mexico. It also holds a 51.4% ownership interest in ISA, a separate entity in which Ecopetrol is a major shareholder.

According to Ecopetrol’s bylaws, the board of directors may continue to deliberate and adopt decisions with the members who remain after the resignation. The press release did not provide the total size of the board, the number of members still serving, the reasons for Vélez Galeano’s exit, or any details about a potential replacement process.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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