Last year he too had been elected, but resigned three months later. Since November of the previous year, he has been part of the governing body of Grupo Sura.

With the return of Gabriel Gilinski to the board of directors of Grupo Nutresa, there are two conglomerates of the so-called Antioqueno Union in which the son of banker Jaime Gilinski is present, who has relevant shareholdings (greater than 30%) both in Sura and in Nutresa.

Gabriel’s election took place yesterday at the extraordinary assembly of the food group, in which three lists were put to the vote: one from Micro Inversiones, another from Sura and Nugil, the latter adjusted 24 hours before the meeting.

And it is that during Holy Week Nugil had nominated Ricardo Fandino, Jaime Gilinski, Gabriel Gilinski and Ricardo Díaz to integrate the board as patrimonial members, in his order; but prior to the assembly he modified the order.

Thus, for the purposes of the election, the disposition of the postulates in the Nugil nomination was: Gabriel Gilinski, Ricardo Fandino, Ricardo Díaz and Jaime Gilinski, which caused that with 33.17% of the votes the first row, that is, Gabriel Gilinski, obtained the seat of the board of directors by quotient.

This change in the order of the names on the list, made at the last minute, is authorized by the regulations. It would have been the opposite if Nugil’s intention was to propose another name among his nominees.

With the move, Ricardo Fandino, who was the patrimonial member of the board of directors of Nutresa, representing the Gilinski family, was left out of that administrative body.

In March of last year at Nutresa’s ordinary assembly, Gabriel was also elected as a proprietary member of the board, but he resigned three months later to avoid a possible conflict of interest, in the deliberations that at that time were raised by Public Acquisition Offers ( OPA) launched for shares of Sura and Argos, companies in which Nutresa has a stake.

And, since November of last year, Gabriel Gilinski has been part of the board of directors of Grupo Sura as a patrimonial member, where he is accompanied by Angela Tafur and María Ximena Lombana, representing JGDB Holdings.

He also left and came back

Another play carried out by the Gilinskis in the last month has to do with Christian Murrle Rojas leaving and returning to the board of the food holding company.

On March 21, in relevant information published by the Financial Superintendence, it was indicated that the businessman from Cali was no longer an independent member of the Nutresa board, because he did not agree with the decision adopted by the shareholders’ meeting that approved a reform of the statutes.

Said modification led to extending the appointment period of the board of directors that existed at that time, until March 2024. But Murrle’s resignation left the governing body incomplete, whose adjustment was achieved yesterday with his return to that administrative staff.

“There are things in which repenting late does not repair the damage,” commented those attending this meeting, referring to the actions of Murrle and the Gilinskis who forced the holding of a new extraordinary assembly, the second of the year, to define the formation of the board.

Murrle’s election was supported by 33.17% of the votes, with which the Gilinski Group maintains two of the seven members of Nutresa’s board of directors.

His resume states that he has served as Executive Director of Panamerican Capital Partners LLC, New York, a company that journalist Daniel Coronell pointed out in 2018 (in an opinion column in Semana magazine) as a participant in the disaster known as ” the water bonds or Carrasquilla” (by the last name of the former Minister of Finance Alberto Carrasquilla, a strategy for several municipalities to obtain resources to build aqueducts and sewers, a purpose that failed.

The session held at the Country Club of Medellİn had a quorum of 95.26%, and in it Jaime Alberto Palacio and AndrEs Arango were also elected as independent members of the Nutresa board by nomination of Sura; and Luis Felipe Hoyos, Jesús Vallejo and Juan Constantino Martínez as equity members representing Sura and Micro Inversiones. The mandate of this board will run from yesterday, April 11, 2023, to March 31 of next year, 2024.

The Sura and Argos groups participated in this election, which last week, in an extraordinary assembly of Nutresa, were authorized to deliberate and decide on the matters of the food company, due to the significant shareholdings they own, something that the Gilinski Group tried to prevent. .

In fact, on Monday night a ruling by a Medellİn court was made public that denied as inadmissible a guardianship action filed by Grupo Sura, against the Superintendency of Companies (Supersociedades), with which it was intended to demonstrate that that entity had violated the rights of the investment holding company, by pretending that it could not exercise its rights as a shareholder, particularly the right to vote in Nutresa’s assemblies.

According to Sura, this determination of justice does not mean that their representatives cannot vote in the assemblies of the Argos or Nutresa groups, which was evidenced yesterday at the assembly of the food company, where the lawyers who attended on behalf of the Gilinskis, of the DLA firm Piper Martínez Beltrán, did not even try to question or object.

With adjusted and properly structured governing bodies, it is expected that the business conglomerates Nutresa and Sura can continue advancing in the development of their businesses.

In the case of the food group, which closed 2022 with record results, it is beginning to see signs of a slowdown, which is in line with the lesser dynamism that is evident in the economy.

In the case of Sura, that the initiative approved by the ordinary assembly such as the repurchase of shares, for an amount of $300,000 million, be carried out successfully, a task for which the board must define the conditions.

Coinciding with the extraordinary assembly of Nutresa, the recent publication made by The New Yorker was known, in which it is indicated that Sheikh Mohammed bin Zayed, ruler of the United Arab Emirates, paid millions of dollars to a Swiss private intelligence company to contaminate to the supposed enemies in different parts of the world. It was recalled that the Emirati royal family is a partner and financier of the offers launched by the Gilinski Group for shares of Sura, Nutresa and Argos, and even one of its companies (IHC) tried to take over a relevant portion of Nutresa’s property.