Credicorp LTD.

Credicorp Announces Executive Leadership Changes Effective July 1, 2024

Cesar Ríos Briceño appointed Chief Risk Officer, Credicorp and BCP Alejandro Pérez-Reyes Zarak as Chief Financial Officer, Credicorp and BCP André Rezende, Chief Technology Officer, Credicorp to Report to Chief Executive Officer Michelle Labarthe Wiese appointed to newly created role of Chief Strategy Officer, Credicorp

Lima, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Lima, PERU, December 21, 2023 -- Credicorp Ltd. (“Credicorp” or the “Company”) (NYSE: BAP | BVL: BAP), the leading financial services holding company in Peru with a presence in Chile, Colombia, Bolivia and Panama today announced senior leadership changes to underscore the Company’s commitment to strengthening its market-leading organization, serving its customers and driving sustainable growth.  The Board of Directors appointed at its meeting held today, Cesar Ríos Briceño as Chief Risk Officer (CRO) of Credicorp and BCP and Alejandro Pérez-Reyes Zarak as Chief Financial Officer (CFO) of Credicorp and BCP.  In addition, André Rezende, Chief Technology Officer (CTO) will now report to the Chief Executive Officer. To facilitate a smooth transition, the management shift will commence on March 1, 2024, and the new appointments will officially take effect on July 1, 2024. Moreover, Michelle Labarthe Wiese, joins Credicorp as Chief Strategy Officer (CSO), a newly created position that will oversee the Sustainability, Strategy & Corporate Development, and M&A functions, effective January 2^nd, 2024.

"With these appointments, we reaffirm our unwavering commitment to fortifying our market-leading organization.  The appointment of Cesar Ríos as CRO and Alejandro Pérez-Reyes as CFO, who have worked closely for over 25 years, marks a strategic move towards enhancing our corporate strength.  Furthermore, with André Rezende, our CTO, reporting directly to me, we strengthen our focus on technology-driven innovation.  In addition, we are thrilled to welcome Michelle Labarthe as CSO.  Michelle's extensive experience in financial advisory is a valuable asset to our team. Her wealth of expertise enriches our shared commitment to achieving strategic excellence and sustainable growth. We look forward to leveraging her insights to further elevate our company's success in a dynamic and competitive business environment,” commented Gianfranco Ferrari, CEO of Credicorp.