Francisco de Paula Estupiñán Heredia (born in Guateque - Boyacá) is a business administrator, Colombian economist, and member of the Conservative Party.
He has a degree in Business Administration from the Externado University and a specialization in Economics from the Universidad de los Andes .
Two weeks after the start of the strike, Estupiñan presented his resignation letter, which was accepted by President Santos.
According to the Financial Superintendency, Estupiñan at the time of taking office in the BCM obviated its connection as liquidator of the chain of stores, for which it announced in September 2015 that it would review the corresponding actions.
On December 14, 2015, the Superintendency of Companies declared that "the object of the judicial liquidation process was fulfilled given that the asset was carried out in an orderly and professional manner".