Jorge Mario Velásquez

Jorge Mario Velásquez serves as CEO of Grupo Argos, a Medellín-based conglomerate that is the largest infrastructure investor in Colombia and one of the most important infrastructure companies in Latin America. Grupo Argos operates through three main subsidiaries, each of which is also publicly listed: Cementos Argos is Colombia's largest cement producer and one of the top producers in the US Southeast (following the acquisition of assets in Alabama, Arkansas, and other states). The company operates cement plants across Colombia, the US, Central America, and the Caribbean. Odinsa manages road concessions and airport concessions in Colombia and the region, benefiting from Latin America's massive infrastructure investment needs. Celsia is a renewable energy and power generation company operating in Colombia and Central America, with a growing portfolio of solar and wind assets. Grupo Argos has faced an activist challenge from a consortium attempting to break up the conglomerate to unlock value. The holding company discount (Grupo Argos's market cap trades at a significant discount to the sum of its subsidiary stakes) has been a persistent issue. Key stock drivers include Colombian and US construction activity, cement prices, infrastructure concession revenue, energy generation volumes, COP/USD exchange rate, activist campaign outcomes, holding company discount movement, Latin American infrastructure investment cycle, and Colombian political and economic conditions.