Explore the latest data and trends in COLCAP appointments
2024
Board Monitor
Colombia
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CEO & Board Practice
Heidrick & Struggles’ CEO & Board Practice has been built on our ability to execute top-level assignments and counsel CEOs and board members on the complex issues directly affecting their businesses.
Europe CEO & Board of Directors Practice
Kit Bingham
London
kbingham@heidrick.com
Alice Breeden
London
abreeden@heidrick.com
2023 DATA
TRENDS DATA
Snapshot
2023 COLCAP board appointments at-a-glance
PROFESSIONAL EXPERIENCE
DIVERSITY
APPOINTMENTS OVERVIEW
Number and share of appointments
board appointments were made in 2023
18
of COLCAP companies brought on at least one new director
32%
of seats went to first-time public board directors
56%
Professional experience
of seats went to retired executives
0%
went to those active in executive roles
94%
89%
of appointments went to directors with cross-sector experience
17%
of seats went to directors with international experience
Most common type of C-suite experience (Share of appointments)
CEO
CFO
COO
39%
6%
0%
Nationality
of seats went to women
50%
Diversity
NATIONALITY
GENDER
CEO & CFO
BOARD EXPERIENCE
ACTIVE VS RETIRED
NUMBER OF SEATS
Trends, 2022–2023
Gender diversity trends: Women (%)
CEO
CFO
CEO & CFO experience (%)
First-time board members (%)
73
94
Active executives (%)
2022
2023
11
18
Number of seats filled
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This analysis is part of Heidrick & Struggles’ long-standing study of trends in board composition in countries around the world. Produced by our global CEO & Board Practice, these reports track and analyze trends in non-executive director appointments to the boards of the largest publicly listed companies in Australia (ASX 200), Belgium (BEL 20), Brazil (BOVESPA), Canada (TSX 60), Colombia (COLCAP), Denmark (OMX Copenhagen 25), Finland (OMX Helsinki 25), France (CAC 40), Germany (DAX and MDAX), Hong Kong (Hang Seng), Ireland (ISEQ), Italy (FTSE MIB), India (Nifty Top 200), Mexico (BMV IPC), the Netherlands (AEX), New Zealand (NZX 10), Norway (OBX), Poland (WIG20), Portugal (PSI 20), Saudi Arabia (Tadawul), Singapore (STI 30), South Africa (JSE Top 40), Spain (IBEX 35), Sweden (OMX Stockholm 30), Switzerland (SMI Expanded), the United Arab Emirates (ADX and DFM), the United Kingdom (FTSE 350), and the United States (Fortune 500). Information about executives is gathered from publicly available sources, BoardEx, and a Heidrick & Struggles proprietary database.
About the research
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0
6
45
39
5%
N/A
17%
Non-national
83%
National
45
50
91
83
Nationality (%)
National
Non-national
N/A
9
17
2022
2023
2022
2023
2022
2023
2022
2023
2022
2023
9
56
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READ REPORT
6% of respondents had no information available
2023 DATA
TRENDS DATA
VIEW REPORT
went to those active in executive roles
Age breakdown
58
Under 40
40–60
Over 60
70+
N/A
6%
17%
61%
17%
The average age was
58
Under 45
45–54
55–69
70+
N/A
4%
62%
25%
3%