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Credicorp Ltd (BAP)

BAP on New York Consolidated

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28 Sep 2016
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Summary

Name Age Since Current Position

Dionisio Romero Paoletti

2015 Independent Chairman of the Board

Walter Bayly Llona

2015 Chief Executive Officer

Jose Raimundo Morales Dasso

2008 Independent Vice Chairman of the Board

Fernando Dasso Montero

2013 Chief Financial Officer

Barbara Falero

2015 Chief Compliance Officer

Reynaldo Carlos Patricio Llosa Benavides

2012 Chief Risk Officer

Ursula Alvarez

2015 Chief Corporate Talent Officer

Alvaro Correa Malachowski

2014 Chief Insurance Officer

Jorge Ramirez del Villar

Executive Officer - Operations, Systems and Administration of BCP

Jose Aldo Esposito Li Carrillo

2015 Chief Audit Officer

Pedro Rubio Feijoo

Executive Officer - Wholesale Banking of BCP

Miriam Bottger Egg

2015 Secretary

Fernando Fort Marie

1999 Director

Reynaldo Llosa Barber

1995 Director

Martin Perez Monteverde

Director

Benedicto Ciguenas Guevara

Independent Director

Juan Carlos Verme Giannoni

1995 Independent Director

Luis Enrique Yarur Rey

2002 Independent Director

Giuliana Cuzquen

2015 IR Contact Officer

Biographies

Name Description

Dionisio Romero Paoletti

Mr. Dionisio Romero Paoletti serves as Independent Chairman of the Board of Credicorp Ltd. He 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. He is an economist from Brown University, USA with a Masters of Business Administration degree from Stanford University, USA.

Walter Bayly Llona

Mr. Walter Bayly Llona serves as Chief Executive Officer of Credicorp Ltd. since 2015. Before becoming CEO he was the Chief Financial Officer of the organization. Previously, he 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 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. 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.

Jose Raimundo Morales Dasso

Mr. Jose Raimundo Morales Dasso serves as Independent Vice Chairman 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, he 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. He received his Master’s degree in Finance from the Wharton School of Business at the University of Pennsylvania.

Fernando Dasso Montero

Mr. Fernando Dasso Montero serves as Chief Financial Officer of Credicorp, Ltd. 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. He received a Bachelor’s degree in Business Administration from Universidad del Pacifico - Peru; and a Master in Business Administration degree from the Wharton School of Business at the University of Pennsylvania, USA.

Barbara Falero

Ms. Barbara Falero serves as Chief Compliance Officer of Credicorp, Ltd. In 2006, she was vice president and Compliance Officer for BCP Miami, and from March 2000 to June 2006 she was a former regulator for the Federal Reserve Bank of Atlanta, for six years. Ms. Falero, currently reports to Credicorp’s Board of Directors. She received a Bachelor’s degree in Finance from Florida International University, and a Master’s degree in Business Administration from St. Thomas University, Miami, FL.

Reynaldo Carlos Patricio Llosa Benavides

Mr. Reynaldo Carlos Patricio Llosa Benavides serves as Chief Risk Officer of Credicorp, Ltd. since January, 2012. Previously, he 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.

Ursula Alvarez

Alvaro Correa Malachowski

Mr. Alvaro Correa Malachowski serves as Chief Insurance Officer of Credicorp, Ltd. 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. 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.

Jorge Ramirez del Villar

Mr. Jorge Ramirez del Villar served as Executive Officer - Operations, Systems and Administration of BCP, subsidiary of Credicorp, Ltd. 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. He 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.

Jose Aldo Esposito Li Carrillo

Mr. Jose Aldo Esposito Li Carrillo serves as Chief Audit Officer of Credicorp, Ltd. Currently, he is Chief Audit Executive of BCP and Chief Corporate Audit Officer of Credicorp, since January 2010. He is Director of the program of Master in Finance with specialization in financial risk management at Universidad del Pacifico. Previously, he worked at Pacífico Peruano Suiza Compañía de Seguros y Reaseguros S. A. as Chief Financial Officer and Controller, and he was Vice-president of Pacifico Salud EPS SA, member of the Board of Directors and Deputy Chairman of the Lima Stock Exchange, member of the Board of Directors of Cavali CLV S.A. and Chairman and CEO of Credibolsa SAB S.A. He holds Master’s degree in Economics from Universidad del Pacifico - Lima, Peru, and a Master’s degree in Economics with specialization in Econometrics from the University of Wisconsin- Milwaukee, USA; Certified Internal Auditor (CIA) and Certified in Risk and Management Assurance (CRMA) by the Institute of Internal Auditors (IIA), USA, Certified in Risk and Information Systems Control (CRISC) by ISACA, USA, Anti Money Laundering Certified Associate (AML/CA) by Florida International Bankers Association and Florida International University, USA.

Pedro Rubio Feijoo

Mr. Pedro Rubio Feijoo served as Executive Officer - Wholesale Banking of BCP, a subsidiary of Credicorp, Ltd. 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. He holds a B.S. in Industrial Engineering from North Carolina State University.

Miriam Bottger Egg

Ms. Miriam Bottger Egg serves as Secretary of Credicorp, Ltd. since 2015. She also serves as General Secretary and Board of Secretary of Banco de Credito del Peru.

Fernando Fort Marie

Mr. Fernando Fort Marie serves as Director of Credicorp Ltd. He is a lawyer and partner at the law firm of Fort Bertorini Godoy & Pollari Abogados S.A. He served as a director of Banco de Crédito del Perú from 1979 to 1987 and from March 1990 to the present. He 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 serves as Director of Credicorp Ltd since July 9, 1995. He has also been a director of BCP from 1980 to October 1987 and from March 1990 to the present. He 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. He holds a degree in Economics from London School of Economics.

Martin Perez Monteverde

Mr. Martin Perez Monteverde serves as Director of Credicorp, Ltd. He 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. 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.

Benedicto Ciguenas Guevara

Mr. Benedicto Ciguenas Guevara serves as Independent Director of Credicorp, Ltd. 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. He is an economist from Universidad Catolica del Peru and has a Master degree from the Colegio de Mexico. He 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.

Juan Carlos Verme Giannoni

Mr. Juan Carlos Verme Giannoni serves as Independent Director 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. He holds a degree from University of Zurich.

Luis Enrique Yarur Rey

Mr. Luis Enrique Yarur Rey serves as Independent Director of Credicorp, Ltd. 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. He holds a degree in Law from Universidad de Navarra and degree in Economics and Business Administration from Instituto de Estudios Superiores de la Empresa (IESE).

Giuliana Cuzquen