Andrés Vásquez, the brain behind Nequi became CEO

Andrés Vásquez, CEO of Nequi.

The administrative engineer Andrés Vásquez achieved his main objective since he arrived at No onebecome chief executive officer (CEO) or executive director of the financial application with the most users in Colombia. How to bring the dollars to Colombian pesos through Nequi?

Andrés was one of the founders of the application when Bancolombia understood that it should have made it easier for low-income citizens and modernize digital banking.

Andrés Vásquez, Director of Nequi
Andrés Vásquez, from Business Director to CEO of Nequi.

The graduate of the School of Engineering of Antioquia worked as Business Director of Nequi.

Andrés was the brain that proposed that Nequi should be increasingly separated from Bancolombia, even though he works for the same owners.

???? The real reason why Nequi separated from Bancolombia

With more than 20 years of experience, he took on a challenge with more responsibility, now he is the legal representative of Nequi and together with his team he turned the application into a financing company.

The application already behaves as an independent entity (legally and operationally), but it is part of Grupo Bancolombia.

Cipriano López, who served as CEO in charge, left his duties and will now continue in his position as Vice President of Innovation and Sustainability of Grupo Bancolombia.

The new CEO of Nequi pointed out: “Today, 13.4 million Colombians trust Nequi to manage their money in a 100% digital way. So far this 2022 we have had great achievements that support our growth and preference in the market: we have more than 9 million active users month following month, 995,000 Nequi Cards in the market, we generate more than 135 million transactions on average per month, and this year we have disbursed more than 147,000 loans, between Lifeguard and Propulsor.”

With the arrival of Andrés Vásquez in Nequi, the application will have new innovations that will allow the neobank’s clients to facilitate their online transactions and credits.

???? How to work with the Nequi neobank?

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