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Olga Botero is a core member of the Technology Advantage and Financial Institutions practices at The Boston Consulting Group. She is the former CIO of Grupo Bancolombia, one of the largest financial groups in Latin America.

Olga joined BCG as a senior advisor in 2011, bringing executive experience from across a broad range of industries, including financial services, telecommunications, technology, retail, transportation and travel and tourism.

Olga is passionate about information technology as the key enabler of businesses today. She believes companies have a huge opportunity to support an increase in technology awareness and expertise, both at the executive and board levels, so that more business value can be created. She is also a strong believer that IT and cybersecurity need to be better understood and managed, and she has made it her quest to turn this into a widely discussed topic beyond those directly involved with her customers today.

She also serves as nonexecutive director and advisor at a number of publicly and privately owned company boards in the US and Latin America, where she also chairs several IT and cybersecurity committees.

Areas of Expertise

  • Information technology
  • Cybersecurity and risk management
  • Digital strategy
  • Information and data
  • Operations and sourcing strategy
  • Market growth
  • Emerging markets
  • Transformations
  • Compliance
  • Integration and Mergers and acquisitions (M&A)


  • Directors program, Kellogg School of Management, IESE & Harvard Business School, IFC International Finance Corporation
  • Executive Scholars Award in General Management, Kellogg School of Management
  • MSc, computer science, Iowa State University
  • BSc, computer science, Iowa State University

Honors and Awards

  • Top 25 CIO/IT Managers in Colombia, 2008, 2009
  • Laureate, Computer World Honors 2009, 2010, 2011

Publications and Videos

  • Running IT Like a Business: The New Imperative to Support Business Enablement Using Technology, CDM CIO Summit, Rio de Janeiro, Brazil, June 2014
  • IT Challenges in Growth Markets, IIR CIO Summit, Bogotá, Colombia, April 2012
  • Technology and Challenges in Financial Services, CA Forum, Bogotá Colombia, April 2012
  • Where is Internet Going? SonicWall Forum, Bogotá, Colombia, March 2012
  • Internet Evolution for the Enterprise, Global Crossing Day, Bogotá, Colombia, August 2011
  • Strategies Center Around Customers as Competitive Advantage, SAP Run Better Tour, Santiago, Chile, August 2011
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