March 1, 2006
Bancolombia's headquarters in Medellin.The countryside around Medellín is spectacularly beautiful. The green valleys and sharp mountains look more like the Switzerland of the von Trapps than the tropical Colombia of Gabriel García Márquez. But there aren't many people in bustling Medellín with an interest in nature. A more likely focal point for the industrious paisas as the natives of Medellín are known is the towering headquarters of Bancolombia, shooting up into the sky like a rocket ready for takeoff.
Bancolombia, Colombia's biggest bank, is the best-known asset held by Medellín conglomerate Grupo Empresarial Antioqueño (GEA).
Colombia's Grupo Empresarial Antioqueño has been busy streamlining its corporate structure and making itself more attractive to investors.