Credicorp Ltd. : Announces changes in its management structure
December 20 2017 - 5:58PM
Lima, PERU,
December 20th, 2017 -
To enhance the management of Credicorp's subsidiaries, the Board of
Directors unanimously resolved, at its meeting held on Wednesday,
December 20th, 2017:
-
To organize Credicorp's subsidiaries in four
Lines of Business:
-
Universal Banking, which will include Banco de
Credito del Peru-BCP and Banco de Credito de Bolivia
-
Insurance and Pensions, which will include Grupo
Pacifico and Prima AFP
-
Microfinance, which will include MiBanco and
Encumbra
-
Investment Banking & Wealth Management,
which will include Credicorp Capital, Wealth Management of BCP and
Atlantic Security Bank.
-
To appoint:
-
Mr. Walter Bayly as Credicorp's Chief Executive
Officer (CEO). Mr. Dionisio Romero Paoletti will continue as
Executive Chairman of Credicorp.
-
Mr. Gianfranco Ferrari as Deputy CEO of
Credicorp and Head of Universal Banking, who will report to the CEO
of Credicorp. Mr. Ferrari has also been appointed as CEO of
BCP.
-
Mr. Alvaro Correa as Deputy CEO of Credicorp and
Head of Insurance and Pensions, who will report to the CEO of
Credicorp. Mr. Correa will continue as CEO of Grupo Pacifico. Mr.
Renzo Ricci will continue as CEO of Prima AFP reporting to Alvaro
Correa.
-
Mr. Javier Ichazo as Head of Microfinance, who
will report to the CEO of Credicorp. Mr. Ichazo will continue as
CEO of Mibanco.
-
Mr. Christian Laub as Head of Investment Banking
& Wealth Management, who will report to Mr. Alvaro Correa as
Deputy CEO of Credicorp. Mr. Laub will continue as CEO of Credicorp
Capital.
-
Mr. Guillermo Morales as Head of Legal and Mr.
Bernardo Sambra as Chief Human Resources Officer, both reporting to
the CEO of Credicorp.
-
Ms. Ursula Alvarez as Head of Talent Management
at Credicorp, reporting to the CEO of Credicorp.
-
Mr. Marco Roca as Head of Strategy and Business
Development and Mr. Enrique Pasquel as Head of Corporate Affairs at
Credicorp, both reporting to the Executive Chairman of
Credicorp.
All the aforementioned resolutions
are shown in the chart below and shall be effective as from April
1st,
2018.
About
Credicorp
Credicorp Ltd. (NYSE: BAP) is the
leading financial holding company in Peru. It is composed of Banco
de Credito del Peru (BCP), Atlantic Security Holding Corporation
(ASHC), Grupo Pacifico Seguros, Prima AFP, and Credicorp Capital,
which are among Peru's top-rated brands. Credicorp's primary
businesses are banking (commercial & investment banking and
retail banking, including SME and micro-lending); insurance
(including property and casualty, life and health insurance);
pension funds (private pension fund management services); and
brokerage services (including trust, custody and securitization
services, asset management and proprietary trading and
investment).
For further information please contact the IR
team:
IRCredicorp@bcp.com.pe
Investor Relations
Credicorp Ltd.
PDF doc.: Credicorp Ltd. Announces
changes in its management structure
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announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Credicorp Ltd. via Globenewswire
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