Millicom

A. ESP BIC. Sara Ibañez Pita Follow us and read us on Google Discover Millicom continues to make moves on the executive board of its companies in Colombia, just over four and a half months after gaining full control of Movistar. A. ESP BIC. With this decision, Coltel's General Shareholders' Meeting must appoint his replacement, according to the company's corporate procedures. For his part, Pungiluppi will accompany Millicom Colombia's strategy in a decisive stage for its evolution in the local market, after having consolidated Coltel's share ownership and advancing in the integration of assets that were previously under Telefónica's control.

Pungiluppi is a business administrator from Cesa and was co-founding partner and executive vice president of Teka Capital, a private equity firm founded in 2009. Previously, he held the vice presidency of Investments at Valorem, where he participated in acquisitions and business transformation processes. Since 2014, he has been part of the Board of Directors of Tigo Colombia and, since 2020, he has been a member of the boards of Fabricato and Fiduciaria Sura. 38 pesos each; and which left the Luxembourg-based group as the owner of 100% of Movistar Colombia.

The share consolidation led to a fundamental reorganization in Coltel's senior management: on July 16, as part of the acquisition process, Millicom Colombia Holding announced the appointment of eight executives, including Carlos Blanco Sposito as general manager, along with seven vice presidencies: Pedro Revuelta Rodríguez in residential customer business, Lizbeth Robayo Perdigón in enterprise customer business, Héctor Pérez Fernández in operations, Ramiro Pascual Orbe in finance, Yohanna Wilches Dimas in human resources, Faride Guerrero Mosquera in legal, and Samuel Hoyos Mejía in external affairs.