Banco Davivienda Executive and Leadership Team

August, 2026

Leadership Overview

Banco Davivienda has 6 executives leading key functions including operations, risk management, financial oversight, information technology, and executive leadership.

Driven by a commitment to financial inclusion, Banco Davivienda provides a comprehensive suite of banking products and services to individual and corporate clients, solidifying its market presence in Colombia.

Leadership Roles at Banco Davivienda

  • Chief Financial Officer & Director, Financial - Medardo Parra
  • Chief Financial Officer & Director, Finance (Davivienda & Hsbc) - Federico Chaves
  • Chief Operating Officer - Mario Vega Roa
  • Chief Risk Officer & Chief Revenue Officer - Hector Garro
  • Chief Information Officer & Chief Information Officer, Corporate Cr - Javier Mdeti
  • Presidente Ejecutivo - Arturo Zuñiga
  • Medardo Parra - Chief Financial Officer & Director, Financial

    Medardo Parra, the Chief Financial Officer & Director, Financial at Banco Davivienda, directs the bank's overall financial strategy and management. This critical role involves overseeing all financial planning, reporting, and investment activities to ensure the fiscal health and growth of the institution. Medardo Parra is responsible for managing capital, liquidity, and profitability, aligning financial operations with the bank's strategic goals. The Chief Financial Officer & Director, Financial also plays a key part in investor relations and securing funding. Parra's expertise guides the bank's financial decision-making, ensuring compliance with regulatory requirements and maximizing shareholder value. This leadership ensures Banco Davivienda maintains a strong financial position to serve its clients effectively in the Colombian market.
    Medardo Parra

    Federico Chaves - Chief Financial Officer & Director, Finance (Davivienda & Hsbc)

    Federico Chaves, the Chief Financial Officer & Director, Finance (Davivienda & Hsbc) at Banco Davivienda, oversees the financial operations and strategic financial planning for the bank, with a specific focus on the Davivienda and HSBC joint ventures. This position requires meticulous management of financial resources, budgeting, and forecasting to support the bank's objectives. Federico Chaves ensures robust financial controls and reporting mechanisms are in place, adhering to both internal policies and external regulatory standards. The Chief Financial Officer & Director, Finance (Davivienda & Hsbc) collaborates closely with executive leadership to identify opportunities for financial optimization and sustainable growth across the partnered entities. Chaves's financial acumen is instrumental in guiding investment decisions and maintaining the fiscal integrity of the bank's operations.

    Mario Vega Roa - Chief Operating Officer

    Mario Vega Roa, the Chief Operating Officer at Banco Davivienda, directs all operational facets of the financial institution. Overseeing daily business activities, the Chief Operating Officer ensures efficient service delivery to both individual and corporate clients across Colombia. This leadership position involves optimizing internal processes and resource allocation to support the bank's strategic objectives. Mario Vega Roa drives operational excellence by implementing best practices in service management and workflow automation. The Chief Operating Officer's focus remains on enhancing customer experience through streamlined banking operations and robust infrastructure. This role is critical for maintaining the bank's reputation for reliability and service quality in the competitive Colombian financial market. Vega Roa's oversight extends to managing the bank's extensive network of services and ensuring seamless integration of new technologies.

    Hector Garro - Chief Risk Officer & Chief Revenue Officer

    Hector Garro, the Chief Risk Officer & Chief Revenue Officer at Banco Davivienda, manages the institution's comprehensive risk management framework and spearheads revenue generation strategies. This dual role demands a keen understanding of financial markets and regulatory landscapes to safeguard assets while simultaneously driving business growth. Hector Garro oversees the identification, assessment, and mitigation of all potential risks, ensuring the bank's stability and compliance. Concurrently, the Chief Revenue Officer champions initiatives to expand market share and enhance profitability through innovative product development and strategic sales efforts. Garro's leadership ensures that risk appetite aligns with revenue objectives, fostering sustainable expansion. The Chief Risk Officer & Chief Revenue Officer's strategic vision is pivotal in navigating market volatility and capitalizing on emerging opportunities within the Colombian banking sector.

    Javier Mdeti - Chief Information Officer & Chief Information Officer, Corporate Cr

    Javier Mdeti, the Chief Information Officer & Chief Information Officer, Corporate Cr at Banco Davivienda, leads the bank's technology strategy and information systems management. This role is crucial for ensuring the security, efficiency, and innovation of the bank's digital infrastructure, supporting both client-facing services and internal corporate operations. Javier Mdeti oversees the development and implementation of IT solutions that enhance operational capabilities and customer experience. The Chief Information Officer & Chief Information Officer, Corporate Cr is responsible for managing technology investments, cybersecurity protocols, and data governance to protect sensitive information and maintain regulatory compliance. Mdeti's leadership drives technological advancement, enabling Banco Davivienda to adapt to evolving market demands and maintain a competitive edge in the financial sector.

    Arturo Zuñiga - Presidente Ejecutivo

    Arturo Zuñiga, the Presidente Ejecutivo at Banco Davivienda, provides executive leadership and strategic direction for the entire organization. This paramount role involves guiding the bank's overall vision, mission, and long-term objectives within the Colombian financial landscape. Arturo Zuñiga oversees the coordination of all departmental functions, ensuring alignment with corporate strategy and fostering a culture of excellence and innovation. The Presidente Ejecutivo is instrumental in shaping the bank's market position, driving growth initiatives, and maintaining strong relationships with stakeholders, including clients, regulators, and the board. Zuñiga's leadership ensures Banco Davivienda remains a prominent and trusted financial institution, committed to serving its customers and contributing to economic development.

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    Frequently Asked Questions Regarding Banco Davivienda Top Executives and Leadership Team

    Who leads Banco Davivienda?
    Banco Davivienda is led by Medardo Parra (Chief Financial Officer & Director, Financial), along with executives such as Federico Chaves (Chief Financial Officer & Director, Finance (Davivienda & Hsbc)) and Mario Vega Roa (Chief Operating Officer).
    Who is part of Banco Davivienda’s executive team?
    The executive team of Banco Davivienda includes leaders such as Medardo Parra (Chief Financial Officer & Director, Financial), Federico Chaves (Chief Financial Officer & Director, Finance (Davivienda & Hsbc)), Mario Vega Roa (Chief Operating Officer) and other senior executives.
    How many executives does Banco Davivienda have?
    Banco Davivienda has 6 executives leading key business areas.
    What roles are included in Banco Davivienda’s leadership team?
    The leadership team of Banco Davivienda includes roles such as Chief Financial Officer & Director, Financial, Chief Financial Officer & Director, Finance (Davivienda & Hsbc), Chief Operating Officer, Chief Risk Officer & Chief Revenue Officer, Chief Information Officer & Chief Information Officer, Corporate Cr.