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Ecopetrol approves government-backed board overhaul

Colombia’s state-controlled oil company Ecopetrol approved a sweeping board overhaul proposed by President Abelardo De La Espriella’s government amid corruption allegations and a senior management shake-up.

ECOPETROL

Colombia's state-controlled oil company Ecopetrol on Tuesday approved a sweeping board overhaul proposed by newly inaugurated President Abelardo De La Espriella's government, as the company reels from corruption allegations and another senior management shake-up. Current chairman Luis Felipe Henao w…