2023-04-27 14:38:45
The 15 Departmental Commissions, the highest institutional authority in their respective regions, had previously expressed their support for this candidacy, so all that remained was for the extraordinary council to officially endorse this decision.
Germán Bahamón, a native of Huila and graduated from the University of La Sabana as an engineer in agro-industrial production. He also holds master’s degrees in executive marketing from Northwestern University’s Kellogg School of Management in Chicago and in strategic marketing from the College of Higher Education Studies in Management.
With more than 20 years of experience in general management roles in Ecuador, Central America and the Caribbean, Colombia and Mexico, he is a professional and leader in both the public and private sectors. Some of the world’s best-known companies include Apple, Sony Ericsson, Sony Corp, Kimberly Clark, and Farmhouse. With experience in formalizing land and working with low-income communities.
In addition, he is a third generation coffee farmer with his own farm, an entrepreneur in the coffee industry whose main objective is to produce premium value-added coffees. His plans call for improving the cooperative coffee system, which faces major challenges as a result of futures contracts and rising costs.
This election of the now opita manager of FNC comes following President Gustavo Petro asked the Federation of Coffee Growers, which oversees the coffee parafiscal fund, to wait a while before making a decision on the appointment so that the new Minister of Finance can pronounce on the subject. request that he made via Twitter.
However, the unanimous preference for Germán Bahamón, former country manager of Apple Colombia, was not altered, although no statements were made in this regard.
The obstacles that Bahamón must overcome
Increasing productivity by renewing coffee plantations is one of Fedecafe’s biggest challenges. With 11.1 million bags produced annually in 2022, this was a 12% percent decrease from 2021. With just over 11.4 million 60kg bags of green coffee compared to over 12.4 million bags compared to the previous year, the export item, which fell by 8%, reflected this situation.
It may interest you: Petro asks coffee growers to delay the election of manager
Additionally, Bahamón will be in charge of supervising the parafiscal assets of the National Coffee Fund, which generated US$890 million in income in 2022, of which US$585.7 million came from the sale of green coffee. These revenues financed a total of $403.064 million in public goods, or US$95.015 million.
According to the latest FoNC audit report of the Comptroller General’s Office, the union entity has future coffee negotiations that are delayed or pending delivery, for a total of 503,437 60-kg bags of coffee.
The Comptroller’s Office estimates that these delays cost the FoNC US$61 million in assets, and that if delivery delays continue, the Fund will have to use public funds to cover the cost of purchasing nonconforming coffee at current prices or to cover the cost of closing any ongoing operations.
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