Nuestra Empresa - ISA

Bernardo Vargas Gibsone




Mr. Vargas is the CEO of ISA, a leading multi-latin company focusing on four different businesses: Electric Power Transmission; Information and Communication Technology; Road Concessions; and Real-Time System Management where it acts as an independent system operator for the Colombian electric power system. Founded in 1967, ISA operates through 43 affiliated companies in 8 countries in Latin America.

He has been member at several Boards in both for profit and non for profit corporations and foundations, such as: ISA S.A. E.S.P., Amarilo S.A. and The Pantaleon Group Inc. Also Best Buddies Colombia, Lumni ColombiaFoundation Santa Fe de Bogotá, one of the top hospitals in Colombia, among others.

Previously, Mr. Vargas was founding partner of Nogal Asesorias Financieras, an investment banking advisory boutique in Colombia specializing in local and cross-border M&A. During his more that fourteen years at Nogal, Mr. Vargas led multiple transactions in sectors such as agroindustry, pharma, autoparts, paper and packaging, mining, oil and energy among others.

Before founding Nogal in 2001, Mr. Vargas was managing director at ING Barings where he headed the corporate and investment banking operations in Colombia. Mr. Vargas joined Baring Securities in 1994 as Head of Colombia and was subsequently appointed as President and CEO for the merged operations of Barings and ING Colombia on January 1997.

Before Barings, Mr. Vargas was founding CEO of Proexport Colombia (today Procolombia) and Founding CEO of Fiducoldex. He also acted as Advisor to the Minister of Foreign Trade.

Previous to that, he was Head of the International Reserves Department and External Financing at the Colombian Central Bank (Banco de la República). In this position Mr. Vargas was responsible for managing Colombia´s foreign reserves portfolio.

Mr. Vargas obtained an MBA from Columbia University and an Economics BA and MS candidate from Universidad de Los Andes, in Bogotá, Colombia.