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General Framework

Motivation

CAVALI has made the choice to keep their good corporate governance practices updated because, as issuer and as a Central Securities Depository, it has the double responsibility of leading the company with the highest transparency and reliability standards before its shareholders and different economic agents of the market with which it relates.

Within this objective, CAVALI hired in 2009, through an agreement with the  CAF, the Colombian consultancy company Governance Consultants, with the purpose of carrying out a study on CAVALI's corporate governance practices.  

As a result of such study, a series of recommendations were implemented; the following are the main recommendations: 

The consultancy diagnostic concluded with 25 recommendations, which are detailed in the Yearly Corporate Governance Report of 2011, which is part of 2011 Annual Report. Such recommendations are: 

Assistance for Cavali’s Shareholders

If you are a shareowner of CAVALI’s stock, please click here: