Medellin Names New EPM CEO

The mayor of Medellin has named Esteban Calle as CEO of Empresas Publicas de Medellin (EPM), replacing Federico Restrepo. Calle, currently a portfolio manager with BMO in Toronto, will take over January 1 at the Colombian utility, when Restrepo steps down. Calle was previously secretary of labor for the state of Antioquia, and was a banker at Corfivalle and Chase Manhattan Bank.