Grupo Aval Forms New Board Support Committees
Ticker: AVAL · Form: 6-K · Filed: Apr 5, 2024 · CIK: 1504764
Sentiment: neutral
Topics: governance, board-committees, disclosure
TL;DR
Grupo Aval's board just created new committees (Audit, Corporate Matters) – watch for governance changes.
AI Summary
Grupo Aval Acciones y Valores S.A. announced on April 4, 2024, the formation of new Support Committees by its Board of Directors. These committees include the Audit Committee and the Corporate Matters Committee, with specific primary and alternate members appointed to each.
Why It Matters
The formation of these committees signifies a structured approach to governance and oversight within Grupo Aval, potentially impacting strategic decision-making and regulatory compliance.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of board committee formations and does not present immediate financial or operational risks.
Key Players & Entities
- Grupo Aval Acciones y Valores S.A. (company) — Registrant
- Esther América Paz Montoya (person) — Audit Committee Primary Alternate
- Jorge Silva Luján (person) — Audit Committee Primary Alternate
- Fabio Castellanos Ordóñez (person) — Audit Committee Primary Alternate
- Andrés Escobar Arango (person) — Audit Committee Primary Alternate
- Luís Fernando López Roca (person) — Audit Committee Primary Alternate
- José Mauricio Salgar Hurtado (person) — Audit Committee Primary Alternate
FAQ
What is the primary purpose of the newly formed Audit Committee?
The filing does not explicitly state the primary purpose of the Audit Committee, but it is a standard committee for corporate governance and financial oversight.
Who are the appointed members of the Audit Committee?
The filing lists Esther América Paz Montoya, Jorge Silva Luján, Fabio Castellanos Ordóñez, Andrés Escobar Arango, Luís Fernando López Roca, and José Mauricio Salgar Hurtado as primary and alternate members of the Audit Committee.
When was this relevant information announced?
The relevant information was announced on April 4, 2024.
What other committee was formed by the Board of Directors?
In addition to the Audit Committee, the Board of Directors also formed the Corporate Matters Committee.
Does Grupo Aval file annual reports under Form 20-F or 40-F?
Grupo Aval indicates it files annual reports under cover of Form 20-F.
Filing Stats: 262 words · 1 min read · ~1 pages · Grade level 13.3 · Accepted 2024-04-04 20:25:39
Filing Documents
- dp209486_6k.htm (6-K) — 17KB
- image_001.jpg (GRAPHIC) — 3KB
- image_002.jpg (GRAPHIC) — 4KB
- 0000950103-24-004936.txt ( ) — 28KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report Of Foreign Private Issuer Pursuant To Rule 13a-16 Or 15d-16 Of The Securities Exchange Act Of 1934 For the month of April 2024 Commission File Number: 001-36631 Grupo Aval Acciones y Valores S.A. (Exact name of registrant as specified in its charter) Carrera 13 No. 26A - 47 Bogotá D.C., Colombia (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F X Form 40-F GRUPO AVAL ACCIONES Y VALORES S.A. TABLE OF CONTENTS ITEM 1. Notice of relevant information dated April 4, 2024 Item 1 RELEVANT INFORMATION Bogotá, April 4, 2024. Grupo Aval Acciones y Valores S.A. hereby informs that the Board of Directors has formed the following Support Committees: Audit Committee Primary Alternate Esther América Paz Montoya Jorge Silva Luján Fabio Castellanos Ordóñez Andrés Escobar Arango Luís Fernando López Roca José Mauricio Salgar Hurtado Corporate Matters Committee Esther América Paz Montoya Fabio Castellanos Ordóñez Álvaro Velásquez Cock Risk Committee Fabio Castellanos Ordóñez Jorge Silva Luján Andrés Escobar Arango Additionally, the Board of Directors elected Mr. Mauricio Cárdenas Müller as Vice Chairman of said governing body. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: April 4, 2024 GRUPO AVAL ACCIONES Y VALORES S.A. By: /s/ Jorge Adrián Rincón Plata Name: Jorge Adrián Rincón Plata Title: Chief Legal Counsel