Grupo De Inversiones Suramericana S.A. (Colombia)

Grupo de Inversiones Suramericana (Grupo SURA) is a Latin American company listed on the Colombian Stock Exchange (BVC) and registered with the ADR- Level 1 program in the United States. It is also the only Latin American company from the Diversified Financial Services and Capital Markets sector to be admitted to the Dow Jones World Sustainability Index, which monitors companies who have become global benchmarks thanks to the good practices they have adopted from the economic, environmental and social standpoints. The main companies that make up Grupo SURA´s investment portfolio are classified as follows: Strategic investments: these companies, which form Grupo SURA´s core business, belong to the banking, insurance, pension, savings and investment sectors and consist of its subsidiaries, Suramericana, specializing in insurance and trend/risk management and SURA Asset Management dedicated to managing pension, savings and investment funds. This category also includes Grupo Bancolombia dedicated to universal banking, a company that is not controlled by Grupo SURA but is still one of the most important investments in its portfolio. Industrial investments: these are mainly made up of the interests held in Grupo Nutresa and Grupo Argos, which operate in the processed food, cement, energy and infrastructure sectors.The SURA Business Group began back in 1944 when Suramericana de Seguros Generales was first founded. This company is known to day as Seguros SURA and its parent company is Suramericana S.A. Upon creating new companies and acquiring stakes in other compa nies belonging to the finance, insurance and other industrial sectors, the Organization was able to grow and build up an investment portfolio, that upon spinning off its insurance business in 1997 gave rise to what is known today as Grupo SURA. The two major milestones reached in terms of the Company’s recent growth, were the acquisitions of the ING Latin American assets in 2011, as a result of which SURA Asset Management was formed as another of the Group´s subsidiaries, as well as the more recent purchase of the RSA companies, also in Latin America, on the part of Suramericana, the Group´s insurance arm. With this, the Group was able to extend its regional presence in a total of 11 countries, including Bancolombia, thereby becoming a major player in the Latin American financial services industry.