• Samuel Azout Papu (Independent Member)
• David Bojanini García
• Hakim Laurent Aouani
• Francis André Mauger
• Armando Montenegro Trujillo
• Jan Hiljo Ozinga
• Nicanor Restrepo Santamaría
• Luis Carlos Uribe Jaramillo (Independent Member)
• Guillermo Valencia Jaramillo (Independent Member)

•  Samuel Azout Papu: Has a B.S. in Economics from Cornell University and an MBA from Georgetown University. From 1995 to 2006 he was the CEO of Carulla Vivero.

•  David Bojanini García: Is the CEO of Suramericana de Inversiones S.A. He graduated as an Industrial Engineer from Universidad de los Andes and holds an MBA from the University of Michigan. He was the president of Protección S.A. pension fund and the general manager of Suramericana de Seguros.

•  Hakim Laurent Aouani: Is Director of Corporate Development and Holdings at Casino Group. Mr. Aouani received a degree from SUPELEC Engineering School with a telecommunications major and holds a degree in business administration from HEC Business School.

•  Francis André Mauger: Is a Director of Latin America Operations at Casino Group. Mr. Mauger attended the Ecole Hôteliere de Lausanne in Switzerland.

•  Armando Montenegro Trujillo: Is an Industrial Engineer from Javeriana University with a master in economics from Ohio University and a PhD in Economics from New York University. He is an executive of Agora Corporate Consultants Ltd. Prior to that, he was a Managing Director at RC Corporate Consultants (member of the Rothschild Group). He was also the President of ANIF and an alternate member of the discussion board of the World Bank in New York.

•  Jan Hiljo Ozinga: Is the International Development and expansion Director of Casino. He was also the Director of International Development and expansion at the ACCOR Group in France.

•  Nicanor Restrepo Santamaría: Graduated from the Escuela de Ingeniería y Minas de la Universidad Nacional. He was an executive of Caja Agraria, Encoper, Celanese, Empresa Cadena de Frío, Coltejer and Corporación Financiera Nacional. For 16 years he was the president of Suramericana de Seguros and the Head of the Grupo Empresarial Antioqueño (GEA), one of Colombia's leading business groups.

•  Luis Carlos Uribe Jaramillo: He is the former President for Productos Familia Sancela S.A., a Colombian company with Swedish investments. His company is a leader in the design, innovation, production, and distribution of personal hygiene products in Colombia.

•  Guillermo Valencia Jaramillo: Is currently the CEO of Industrias El CID, one of Colombia's largest producers of apparel. Mr. Valencia serves also as the council president for Inexmoda.