Colombia: The Cementos Argos board of directors has unanimously appointed Juan Esteban Calle as the new CEO of the company as of 1 April 2016. Calle will replace Jorge Mario Velasquez, who was recently named the new CEO of Grupo Argos.

Calle holds a bachelor's degree in business from EAFIT University (Medellin, Colombia) and has a master's degree in business administration (MBA) with emphasis in finance and economics from the University of Chicago.

Since January 2012, Calle has been the CEO of the Empresas Publicas de Medellin, a residential public utilities company with operations and subsidiaries across the Americas. Throughout his career he has held positions such as senior associate for Chase Manhattan Bank of New York (today JPMorgan Chase Bank), finance director for the Antioquia Department in Colombia, foreign investment director for Proexport in its Canada office, and investment advisor for the Bank of Montreal (today, BMO Financial Group), among others.

Calle is currently a member of the board of directors for Tigo-Une Comunicaciones, Empresas Varias de Medellin, Ticsa México and ENSA Panamá. He has also served on the board of directors for Isa, Isagen and Metro de Medellin, among others.