BOCA RATON, Florida. – September 13, 2022 – DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge” or the “Company”) announced the appointment of Bernardo Vargas Gibsone as President, Latin America. In this new role, Vargas Gibsone will lead the growth of DigitalBridge’s digital infrastructure investment activity in the region.
As DigitalBridge’s president for Latin America, Vargas Gibsone will lead, along with the management team, new investment opportunities in the region and support the company’s existing investments.
“It is an honor to welcome Bernardo to our leadership team. His arrival is fundamental to our operations and strengthens our presence in Latin America,” said Marc Ganzi, CEO of DigitalBridge. “In addition to his impressive track record, ability to innovate and execute, Bernardo has demonstrated a commitment to business excellence and sustainability. Collectively, we have identified a strong source of opportunity in Latin America , and Bernardo will accelerate our ability to execute, ensuring that we continue to create value and increase our share in the markets in which we currently operate.”
Bernardo Vargas Gibsone is an infrastructure investor and operator with over three decades of deep industry experience. Previously, Vargas Gibsone served as Chairman of Interco Conexión Eléctrica SAESP (Grupo ISA), a $12 billion publicly traded power transmission, road concessions and telecommunications infrastructure joint venture. As head of ISA, Vargas Gibsone led a team of more than 4,000 employees in Latin America and achieved unprecedented growth and strong financial results, growing ISA’s share price fivefold under his leadership. . Vargas Gibsone has also led environmental and inclusion initiatives, which resulted in ISA’s inclusion in the Dow Jones Sustainability Indexes and its recognition, with a bronze medal, awarded by S&P Global The Sustainability Yearbook 2020.
“DigitalBridge is the leading global digital infrastructure investment firm, and I am thrilled and honored by this opportunity to join the growth trajectory of the company and its talented team. Without a doubt, I will be engaged in the expansion of DigitalBridge in Latin America based on value-added strategies for our portfolio in the region”.
About Bernardo Vargas Gibson
Vargas Gibsone has over three decades of experience in investment banking, real estate and infrastructure investing, as well as extensive knowledge and experience of Latin America. From 2015 to 2022, he served as President of ISA, a leading infrastructure company based in Medellin, Colombia. Previously, Vargas Gibsone was one of the founding partners of Nogal Asesorias Financieras, an investment banking advisory firm in Colombia, specializing in mergers and acquisitions in various sectors for more than a decade. During his years in Nogal, he was a member of the board of directors of Amarilo, one of the main real estate developers in Colombia, Grupo Pantaleón, Pronaca Colombia, among others. Vargas Gibsone also served as President and CEO of the Barings and ING Colombia merger; founding executive director of Proexport Colombia (currently, Procolombia); founding managing director of Fiducoldex; and adviser to the Minister of Foreign Trade, Juan Manuel Santos, who was later named President of Colombia. Vargas Gibsone was chosen by the Portafolio newspaper as the best business leader in Colombia in 2017 and was named among the best CEOs in Latin America by Institutional Investor.
Vargas Gibsone holds an MBA from Columbia University and a BS and MS in Economics from Universidad de los Andes in Bogotá, Colombia.
About DigitalBridge Group, Inc.
DigitalBridge (NYSE: DBRG) is a global leader in digital infrastructure. With over 25 years of experience investing and operating businesses across the digital ecosystem, such as cell towers, data centers, fiber optics, small cells and infrastructure of periphery. The DigitalBridge team manages a $48 billion portfolio of digital infrastructure assets on behalf of its partners and shareholders. Based in Boca Raton, Florida, DigitalBridge has offices in New York, Los Angeles, London and Singapore. For more information, visit: www.digitalbridge.com.
Caution Regarding Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions relating to matters that are not historical facts. In some cases, you can identify forward-looking statements by using forward-looking terminology such as “may”, “will”, “should”, “expect”, “intend”, “plan”, “anticipate “, “believes”, “estimates”, “predicts” or “potential” or the negative of these words and expressions or similar words or expressions which are predictions or indicate future events or trends and do not relate solely to historical issues. Forward-looking statements involve known and unknown matters. risks, uncertainties, assumptions and contingencies, many of which are beyond our control and could cause actual results to differ materially from those expressed in the forward-looking statements. and the improvement of communities in Latin America and other risks and uncertainties, including those detailed in the Company’s Annual Report on Form 10-K for the year ended December 31. , 2021, quarterly reports on Form 10-Q for the quarters ended March 31, 2022 and June 30, 2022, and its other reports filed from time to time with the United States Securities and Exchange Commission (“SEC”). All forward-looking statements reflect the Company’s good faith beliefs, assumptions and expectations, but are not guarantees of future performance. The Company cautions investors not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date of this report. The Company is under no obligation to update any such forward-looking statements after the date of this release, or to conform any prior statements to actual results or revised expectations, and the Company does not intend to
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