About US

Oswald Loewy

Director

OL2 May 2024

Oswald Loewy

Director

Oswald Loewy is a renowned Colombian-Austrian business leader, born in Barranquilla, Colombia. He has established himself as a highly accomplished business professional with over 40 years of expertise across multiple industries.

Management skills and expertise

  • Analysis and Global Strategic Design
  • Leadership Processes, and High Impact Transformations
  • Global Management Strategy
  • Vast experience in industrial and manufacturing processes

Work history

  • Asertium S.A.S. – Director since 2019
  • Medintia S.A.S – Corporate Director since 2020
  • Four decades as president and CEO of Sempertex S.A. from 1978 to 2018 
  • Member of the Board of Directors of the foundation Solidarity for Colombia. 
  • From 2019 to 2022, he served on the Bancoldex Board of Directors. 
  • High-Level Advisory member of the Colombian Government Commission for Business Financing COVID19 in 2020. 
  • From 2008 to 2019 columnist for El Heraldo.

During his long career, Oswald has served on numerous boards and held several honorary positions, including

  • Colombian American Chamber of Commerce-Amcham, Vice President 2005
  • Colombian-American Chamber of Commerce-Amcham., President , 2006 – 2007
  • Leader of the Innovation & Entrepreneurship Board “Ciudad Caribe Colombia” 2016
  • Honorary Consul of Austria in the Northern Caribbean Region,  1986 to 2018
  • ANDI Atlantic Section First Vice President of the Board 2016 – 2017
  • Consultative Member of the Banco de la Republica (central bank) from 2013 to 2018 
  • Member of the Board of Directors of ANDI – Atlantico from 1989 to 1991 and  2015 to 2017
  • Member of the Board of Directors of PET del Caribe S.A.S. in 2018
  • Member of the Board of Directors of Smurfit Kappa S.A. in 2017
  • Member of the Board of Directors of Combarranquilla from 2011 to 2018
  • From 2014 to 2021, he was a guest columnist for Portafolio & La Republica (business newspapers) Magazine “+ Business” and an Editorial Board Member

Oswald has received numerous honors and awards, including:

  • Colombian Government Jury for the Colombian Government National Senior Management Award –2011.
  • Ernst & Young – EY – Colombia Entrepreneur of the Year in 2015
  • In 2016 he represented Colombia in the final EY World Entrepreneur of the Year competition in Monaco.
  • The President of Austria’s Order of Merit – Gold Award in 2018. 

Oswald received his education at the German School of Barranquilla in 1975, followed by his studies in Chemical Engineering from the Universidad de América in Bogotá from 1976-1978.  He then received his degree in Business Administration from Universidad Autónoma del Caribe in Barranquilla in 1989. Furthering his education, he obtained a degree in High Management from Universidad de los Andes in 1994 and completed the Kellogg CEO Management Program at Northwestern University in Evanston, IL, USA, in 1995. Oswald has also attended more than 150 seminars and congresses on various subjects such as leadership, corporate strategy, competitive strategy, innovation, creativity, marketing, advertising, finance, business valuation, family businesses, crisis management, and transformation.

 

Since 1982 Oswald has been married to Margarita V. Schnurbusch, a Preschool Education Specialist, and they have three children: Stephanie, a Social Communicator, Emil, an Industrial Engineer with a M.S.E, and Fritz Wilhelm, who has a bachelors degree in Finance and a Master of Science in Finance.

 

He is fluent in Spanish, German and English. In his spare time, he enjoys spending time with his family, reading, writing, golf, swimming, and taking long walks.

The Inspiration for Asertium

I was inspired to start Asertium after helping an old friend who received a sudden email from her company’s controller. She was unsure of how to proceed, so I offered my assistance and read through a 200-line email. After reviewing the information, I informed her that there was a serious problem and advised her to hire the best accounting firm and lawyers to conduct a forensic audit.

A few weeks later, she called me back with the shocking news that the controller had been embezzling funds from the company for the last 20 years. She was grateful for my help and suggested that I continue assisting others in similar situations.

This experience led me to establish Asertium, a boutique mentoring and consulting firm specializing in deep and effective interventions for companies seeking high-impact transformations.