In July 2015 Mr. Vargas became the CEO of ISA, a leading multi-latin company focusing on three different businesses: Electric Power Transmission, Road Concessions and Information and Communications Technology. Founded in 1967, ISA operates through 43 affiliated companies in 7 countries in Latin America.
Until 2015, Mr. Vargas was a founding partner of Nogal Asesorias Financieras, an investment banking advisory boutique in Colombia specializing in local and cross-border M&A. Previously 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; also acted as Advisor to the Minister of Foreign Trade. He started his professional career at the Colombian Central Bank (Banco de la República) where through his nine-year tenure in different positions was in charge, among other responsibilities, of the management of Colombia’s foreign reserves portfolio.
He acts as Chairman in the boards of ISA affiliates in Colombia, Chile, Brazil and Peru; Board member at ANDESCO (Chairman between 2017 to 2019). Also board member of various nonprofits: Proantioquia; International Advisory Council (IAC) at Fundação Dom Cabral; Fundación Santafe de Bogota; the Medellin Philharmonic Orchestra; and Best Buddies Colombia. He is also an Endeavor mentor for young entrepreneurs.
Named one of 20 Young Executives of the Year 1993 by the Junior Chamber of Commerce and Portafolio (Colombia) CEO of the Year 2017.
Mr. Vargas obtained an MBA from Columbia University and an Economics BA and MS candidate from Universidad de Los Andes, in Bogotá, Colombia.
2019: Institutional investor noted Bernardo Vargas Gibsone as one of the best CEO.
2017: Was awarded as “Mejor Líder Empresarial del Año” (best corporate leader of the year) by the Premios Portafolio, for his dedicated management, ethics and social responsibility.