Credicorp Announces CFO, Microfinance, and Audit Leadership Changes
BAP sits 64% above its 52-week low of $193.13.
Summary
Credicorp announced multiple executive changes, including a new CFO and a new Head of Microfinance who will also lead Mibanco, with transitions planned for late 2026 and 2027.
Key Events · Executive and Board Changes · BAP
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CFO Transition Announced
Mr. Alejandro Pérez-Reyes Zarak will resign as CFO, effective September 30, 2026. Mr. Ignacio Belaunde Zuzunaga has been appointed as the new CFO, effective October 1, 2026.
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Microfinance Leadership Change
Mr. Javier Ichazo Bardales will resign as Head of Microfinance, effective September 30, 2026. Mr. Alejandro Pérez-Reyes Zarak (current CFO) will take over this position and also serve as CEO of Mibanco, effective October 1, 2026.
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Chief Corporate Audit Officer Change
Mr. Jose Esposito Li Carrillo will retire as Chief Corporate Audit Officer by April 2027. Mrs. Rosa Cigüeñas Espinel has been appointed as his successor, effective May 1, 2027.
Analysis · BAP · Finance
Credicorp is undergoing a significant leadership reshuffle, including the Chief Financial Officer (CFO) and the Head of Microfinance, who will also become CEO of Mibanco, a key subsidiary. While these are important executive roles, the changes are planned with effective dates in late 2026 and 2027, suggesting an orderly transition rather than abrupt departures. The outgoing CFO moving to lead Mibanco indicates a strategic internal reassignment.
At the time of this filing, BAP was trading at $317.68 on NYSE in the Finance sector, with a market capitalization of approximately $25.3B. The 52-week trading range was $193.13 to $380.20. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.