Edition:
United States

People: Credicorp Ltd (BAP)

BAP on New York Consolidated

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27 May 2016
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Summary

Name Age Since Current Position

Dionisio Romero Paoletti

Non-Independent Chairman of the Board, Chief Executive Officer

Jose Raimundo Morales Dasso

2008 Vice Chairman, Independent Director

Fernando Dasso Montero

2013 Chief Financial Officer

Walter Bayly Llona

2008 Chief Operating Officer

Reynaldo Carlos Patricio Llosa Benavides

2012 Chief Risk Officer

Alvaro Correa Malachowski

2014 Chief Insurance Officer

Jorge Ramirez Del Villar

Executive Officer - Operations, Systems and Administration of BCP

Gianfranco Piero Dario Ferrari de las Casas

Executive Officer - Retail Banking and Wealth Management of BCP

Pedro Rubio Feijoo

Executive Officer - Wholesale Banking of BCP

Fernando Fort Marie

1999 Non-Independent Director

Reynaldo Llosa Barber

1995 Non-Independent Director

Martin Perez Monteverde

Director

Benedicto Ciguenas Guevara

Independent Director

Juan Carlos Verme Giannoni

1995 Independent Director

Luis Enrique Yarur Rey

2002 Independent Director

Biographies

Name Description

Dionisio Romero Paoletti

Mr. Dionisio Romero Paoletti serves as Non-Independent Chairman of the Board, Chief Executive Officer of Credicorp Ltd. Mr. Romero P. has served as a board member of BCP since 2003 and was appointed Vice Chairman in 2008 and Chairman in 2009. He is also the Chairman of Banco de Crédito de Bolivia, El Pacifico Peruano Suiza Cia. de Seguros y Reaseguros S.A., El Pacifico Vida Cia. de Seguros y Reaseguros S.A., Alicorp S.A.A., Ransa Comercial S.A., Industrias del Espino S.A., Palmas del Espino S.A., and Agricola del Chira S.A., among others. Furthermore, Mr. Romero is the Vice Chairman of the Board of Directors of Inversiones Centenario and Director of Banco de Credito e Inversiones – BCI, Cementos Pacasmayo S.A.A. and Hermes Transportes Blindados S.A. Mr. Romero P. is an economist from Brown University, USA with an MBA from Stanford University, USA.

Jose Raimundo Morales Dasso

Mr. Jose Raimundo Morales Dasso is Vice Chairman and Independent Member of the Board of Directors of Credicorp Ltd since April 2008. Prior to being elected to the Board of Directors, he served as our Chief Operating Officer and CEO of BCP, having joined BCP in 1980. Previously, Mr. Morales held various positions during his ten years at Wells Fargo Bank in its San Francisco, São Paulo, Caracas, Miami and Buenos Aires offices. His last position was Vice President for the Southern Region of Wells Fargo. From 1980 to 1987, Mr. Morales was Executive Vice President in charge of BCP’s Wholesale Banking Group. From 1987 to 1990, he was the CEO of ASB. He rejoined BCP as the CEO in 1990 until March 2008. Mr. Morales received his Master’s degree in Finance from the Wharton School of Business in the United States

Fernando Dasso Montero

Mr. Fernando Dasso Montero is Chief Financial Officer of the Company. He received a Bachelor’s degree in Business Administration from Universidad del Pacifico - Peru; and a Master in Business Administration degree (MBA) from the Wharton School of Business at the University of Pennsylvania, USA. He started his professional career with McKinsey & Co. in Madrid, Spain in 1992. Mr. Dasso joined Banco de Crédito del Perú in 1994 as a member of the Corporate Finance team. During his career he has been engaged in various roles in BCP including Marketing & Retail Banking Product Development, Distribution Channel Network and as CEO and Board Member of Grupo Crédito. Mr. Dasso is currently a member of the Board of Directors of Credicorp’s subsidiaries such as Prima AFP, Financiera Edyficar, Mibanco, Credicorp Capital, Atlantic Security Bank and Banco de Crédito de Bolivia, among others.

Walter Bayly Llona

Mr. Walter Bayly Llona has been Chief Operating Officer of Credicorp Ltd., effective April 2008. Before becoming CEO he was the Chief Financial Officer of the organization. Previously, Mr. Bayly held various other management positions within BCP, which included managing the Wholesale Banking Group, Investment Banking as well as Systems and Reengineering. Mr. Bayly joined BCP in 1993, after three years at Casa Bolsa México where he was Partner and Managing Director in Corporate Finance. Prior to that, for ten years he was with Citibank in Lima, New York, México, and Caracas, where he worked primarily in corporate finance and loan syndications. Mr. Bayly received a Bachelor’s degree in Business Administration from Universidad del Pacífico in Lima, Peru, and a Master’s degree in Management from the Arthur D. Little Management Education Institute in Cambridge, Massachusetts. Mr. Bayly is currently Chairman of the Board of Prima AFP (Private Pension Management Co), a Member of the Board of Directors of The Institute of International Finance, Cia de Seguros Pacífico Peruano Suiza, Inversiones Centenario, and the Fondo de Seguro de Depósitos (Deposit Insurance Fund), and Member of the Board of Advisors of Universidad del Pacífico and the Peruvian chapter of Universidad Tecnológica de Monterrey.

Reynaldo Carlos Patricio Llosa Benavides

Mr. Reynaldo Carlos Patricio Llosa Benavides is Chief Risk Officer of the Company and BCP since January, 2012. Previously, Mr. Llosa held different positions at BCP as Head of Risk, Head of Middle-Market Banking and Head of Corporate Banking. He received a Bachelor’s degree in Business Administration from St. Mary's University, San Antonio, Texas, USA, and holds a Master’s degree in Business Administration with a specialization in Finance from Northwestern University (J.L. Kellogg Graduate School of Management), in Evanston, Illinois, USA.

Alvaro Correa Malachowski

Mr. Alvaro Correa Malachowski is a Chief Insurance Officer of Credicorp Ltd. He holds an Industrial Engineering degree from the Pontificia Universidad Católica del Peru and a Master’s degree in Business Administration from Harvard Business School. In 1997, he joined BCP as Retail Credit Risk VP, serving later as IT Solutions VP under the IT Division. Mr. Correa then served as CEO of Credicorp’s Cayman based private banking operation Atlantic Security Bank, CEO of Miami based broker dealer Credicorp Capital Securities and BCP’s Miami Agency, all between January 2006 and March 2008. Between Abril 2008 and September 2013, Mr. Correa was Chief Financial Officer for Credicorp Ltd. and BCP, and served on the Board of Directors of Credicorp's subsidiaries Prima AFP and Financiera Edyficar among others. Since October 1, 2013 he has served as Chief Insurance Officer of Credicorp and CEO of Pacifico.

Jorge Ramirez Del Villar

Mr. Jorge Ramirez del Villar is Executive Officer - Operations, Systems and Administration of BCP, subsidiary of the Company. He has worked at BCP since 1994, holding positions such as Head of the Corporate Finance Area, Head of the Finance Division, Head of the Administration and Process Division, and Executive Vice President of Operations, Systems and Administration, a position that he holds today. Previously, he was General Manager of Credibolsa SAB, a financial analyst at Occidental Petroleum Corporation and a business consultant for Booz, Allen & Hamilton International. Mr. Ramirez del Villar earned a degree in Industrial Engineering from the “Universidad Nacional de Ingeniería” in Lima-Perú, holds a Master’s degree in Systems Engineering from the University of Pennsylvania, a Master’s degree in Business Administration from The Wharton School of the University of Pennsylvania, a Master’s degree in Economics from London School of Economics and a Master’s degree in International Relations from the University of Cambridge.

Gianfranco Piero Dario Ferrari de las Casas

Mr. Gianfranco Piero Dario Ferrari de las Casas is Executive Officer - Retail Banking and Wealth Management of BCP, subsidiary of the Company. He has worked at BCP since 1995, holding various positions such as Associate of Corporate Finance, Associate of Special Accounts, Head of Corporate Finance and Head of Corporate Banking. From 2005 to 2008, Mr. Ferrari was the Chief Executive Officer of BCP Bolivia. Currently, he is Executive Officer of Retail Banking and Wealth Management at BCP. He has been a member of the board of PRIMA AFP since September 2008. He is Chairman of the Board of Financiera EDYFICAR, a position he has held since March 2010, and Chairman of the Board of Mibanco, a position he has held since March 2014. Mr. Ferrari holds a Business Administration degree from Universidad del Pacífico, and has a Master’s degree from Kellogg Graduate School of Management, Northwestern University.

Pedro Rubio Feijoo

Mr. Pedro Rubio Feijoo is Executive Officer - Wholesale Banking of BCP, a subsidiary of the Company. He responsible for the Wholesale Banking Group at Banco de Crédito which includes the Corporate, Investment and Middle Market Banking Divisions. He is also responsible for the Leasing, Trade Finance and Cash Management Areas. Previously, he held several positions within Credicorp. He has been Head of The Middle Market Division, CEO of Banco Tequendama in Colombia and Head of Trade Finance, after starting his career as a Relationship Manager in the Corporate Banking Group over 30 years ago. Mr. Rubio holds a B.S. in Industrial Engineering from North Carolina State University.

Fernando Fort Marie

Mr. Fernando Fort Marie serves as Non-Independent Director of Credicorp Ltd. is a lawyer and partner at the law firm of Fort Bertorini Godoy & Pollari Abogados S.A. Mr. Fort served as a director of Banco de Crédito del Perú from 1979 to 1987 and from March 1990 to the present. Mr. Fort also serves as chairman of Hermes Transportes Blindados S.A. and a director on the Board of Inversiones Centenario S.A.A., Motores Diesel Andinos S.A. (MODASA) and Edelnor S.A.A.

Reynaldo Llosa Barber

Mr. Reynaldo A. Llosa Barber has been Non-Independent Director of Credicorp Ltd since July 9, 1995. He is a business manager and since August 1995. He has also been a director of BCP from 1980 to October 1987 and from March 1990 to the present. Mr. Llosa is the main partner and COO of F.N. Jones S.R. Ltda. and serves as Chairman of the board at Edelnor S.A.A and as a board member of Edegel S.A.A.

Martin Perez Monteverde

Mr. Martin Perez Monteverde is Director of the Company. He is a senior executive, with studies in Business Administration, Marketing and Finance at the Universidad del Pacífico, graduated from the Advanced Management Program at Universidad de Piura; and has had a 23-year career, with 18 years in the private sector, and 5 years in the public sector, as Congressman of the Republic of Peru, and Minister of Foreign Trade and Tourism. He is Chairman of the Instituto Peruano de Economia – IPE, and Senso Consulting S.A.C.. He is also Director of Inversiones Centenario S.A., Sigma Sociedad Administradora de Fondos de Inversión (SAFI=, Sociedad de Comercio Exterior del Perú – COMEXPERU, and Confederación Nacional de Inversiones Empresariales Privadas – CONFIEP.

Benedicto Ciguenas Guevara

Mr. Benedicto Ciguenas Guevara is Independent Director of the Company. He is an economist from Universidad Catolica del Peru and has a Master degree from the Colegio de Mexico. Mr. Cigüeñas completed studies of Statistics and Economics at the Centro Interamericano de Enseñanza del Estado, Chile; and the Advanced Management Program at Universidad de Piura, Peru. He has been a Director of Credicorp Ltd., Banco de Crédito del Perú – BCP since January 2005. He is also Director of Atlantic Security Bank, Financiera Edyficar and Mibanco. Previously, he served as Financial Economic Advisor of BCP and as Chief Financial Officer (1992 – April 2004). He served as CEO and CFO of Banco de la Nación, and Vice minister of Economy and Finance. Also, he was an executive at Peruvian Central Bank, and Director of Banco Exterior de los Andes (Extebandes), Petróleos del Perú, Banco de la Nación and Instituto Peruano de Administración de Empresas, among other institutions.

Juan Carlos Verme Giannoni

Mr. Juan Carlos Verme Giannoni serves as Independent Member of the Board of Directors of Credicorp Ltd. He is a private investor and businessman and has served on the Board of Directors since August 1995. He has served on the Board of Directors of BCP since March 1990. Mr. Verme is Chairman of Inversiones Centenario; Director of Paz Centenario; and member of the Board of other Peruvian companies such as Celima, Corcesa, and Medlab. He is the Chairman of the Board of WWG Peru S.A., MALI (Lima’s Fine Arts Museum), and a Trustee of Tate Americas Foundation where he also participates as a member of the Latin American Acquisitions Committee. Since November 2012, he has served as the Vice President of the Fundación Museo Reina Sofía of Madrid, Spain.

Luis Enrique Yarur Rey

Mr. Luis Enrique Yarur Rey serves as Independent Member of the Boards of Directors of Credicorp Ltd. He is a businessman with an undergraduate degree in law and graduate degrees in economics and management. He has served on the Board of Directors since October 2002 as well as the board of directors of BCP since February 1995. Mr. Yarur is Chairman of the Board of Empresas Juan Yarur S. A. C., Banco de Crédito e Inversiones of Chile, Chairman of Empresas Jordan S.A. and Vice-Chairman of Empresas Lourdes S.A. He is Vice-President of the Asociación de Bancos e Instituciones Financieras A. G. and director of BCI Seguros Generales S.A and BCI Seguros de Vida S.A.