Ricardo Roa Leaves Ecopetrol Amid Scandals and Legal Issues
Ricardo Roa, the former president of Colombian state oil company Ecopetrol, stepped down on July 30, 2026, amidst multiple scandals and legal investigations. His departure comes after a leave of absence and coincides with ongoing criminal causes, an electoral sanction, and multi-million dollar embargoes. Roa's tenure was marked by controversies such as alleged irregularities in Gustavo Petro's 2022 presidential campaign, the purchase of an apartment linked to suspected influence peddling, and a USD 5.8 million contract with Covington & Burling LLP that generated discomfort within the board of directors. Despite these issues, Roa highlighted progress in the energy transition during his time at Ecopetrol.6 sourcesSee all sources