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Pedro Aquilino López

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Pedro Aquilino López
Senator of Colombia
In office
7 August 1921 – 7 August 1924
Serving with Enrique Olaya Herrera
Constituency Tolima
Minister of Trasury
In office
7 August 1918 – 10 August 1918
President Marco Fidel Suárez
Preceded by Pedro Blanco
Succeeded by Simón Araújo
Bogotá City Council
Constituency Liberal
Personal details
Born Pedro Aquilino López Medina
January 4, 1857
Bogotá, New Granada
Died October 13, 1935 (aged 78)
Bogotá, D.C., Colombia
Resting place Central Cemetery of Bogotá
Party Liberal
Spouse Rosario Pumarejo
(m. 1912)
Children Alfonso
Miguel
Parents Ambrosio López
Felisa Medina
Relatives López family
Occupation Businessman
politician

Pedro Aquilino López Medina (4 January 1857 –13 October 1935) was a Colombian businessman and politician who served as a senator in Colombia from 1921 to 1934.[1] A member of the Liberal party, López also served as minister of Treasury and as a councilman of Bogotá.[2]

Born in Bogotá, he is the patriarch of the López family. He is the founder of the López Bank.

Early life

Pedro Aquilino López Medina was born on January 4, 1857, to the craftsman Ambrosio López and Felisa Medina.[1] He grew up in Bogotá and left school at age 15 to work in the family's craft business.[3] In 1871, he moved to Honda, Tolima, where he served as an executive member under the industrialist Silvestre Samper, with whom he established connections between Bogotá and Honda.[1] To establish his own businesses, he experimented with the regional export of exotic skins and coffee, as well as products made from animal hides, with Cúcuta, North Santander, as his main area of operations.[1] In 1878, he returned to work again for the Samper family, this time as an assistant to Rafael Samper, Silvestre Samper's eldest son.[1][3]

The escalation of bipartisan violence in Colombia led the Samper family to eventually move to New York, leaving Pedro in charge of the Colombian businesses, most notably the Honda Trading House, where his eldest son, Alfonso, would be born years later.[1] In 1880, he joined Samper & Co., where he distinguished himself by his role in expanding the company's business.[3] Meanwhile, López simultaneously ventured into independent lending.[1] In 1881, a year later, he entered the import of chemical and decorative glassware. In 1889, López ended his ten-year relationship with the Samper family, relocating his businesses abroad due to the escalating violence following the devastation of the Regeneration.[4] In 1899, the López family settled in New York for security reasons related to Alfonso, Pedro's eldest son, who was a prominent and influential leader within the Liberal Party.[1][2]

References