Credicorp Announces Leadership Changes and Strategic Realignment

Credicorp announced major leadership changes across its subsidiaries, effective January 2026. Eduardo Montero Dasso will be CEO of Pacífico Compañía de Seguros y Reaseguros, Galantino Gallo Quiroz will lead Credicorp Capital Ltd. and its related entities, and Sergio Vélez Montes will take over as CEO of Prima AFP. These changes reflect a strategic realignment within the company, potentially impacting its operational dynamics and market positioning.

Credicorp has announced significant leadership changes across its subsidiaries, with new CEOs taking over effective January 2026. Eduardo Montero Dasso will lead Pacífico Compañía de Seguros y Reaseguros, Galantino Gallo Quiroz will helm Credicorp Capital Ltd. and its related entities, and Sergio Vélez Montes will take over as CEO of Prima AFP. These changes reflect a strategic realignment within the company, potentially impacting its operational dynamics and market positioning.

The changes were announced in a Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) on July 15, 2025. The new appointments come after the resignation of Mr. Cesar Rivera Wilson as CEO of Pacífico Compañía de Seguros y Reaseguros, Mr. Eduardo Montero Dasso as CEO of Credicorp Capital Ltd. and its related entities, and Mr. Galantino Gallo Quiroz as CEO of Prima AFP.

The appointments of Mr. Montero Dasso, Mr. Gallo Quiroz, and Mr. Vélez Montes suggest a strategic shift in Credicorp's leadership structure. These changes could indicate a focus on enhancing operational efficiency, innovation, and market competitiveness within the company's various business lines.

The new CEOs will need to navigate the challenges and opportunities presented by the financial services industry, including technological advancements, regulatory changes, and evolving customer expectations. Their leadership will be crucial in driving Credicorp's growth and maintaining its position as a leading financial services holding company in Peru and other countries where it operates.

Investors and financial professionals are encouraged to monitor these developments closely, as they may have implications for Credicorp's future performance and market valuation. The company's upcoming 2025 Investor Day on October 9, 2025, in New York, will provide an opportunity for institutional investors and analysts to engage with the new leadership and gain insights into Credicorp's strategic direction.

References:
[1] https://www.stocktitan.net/sec-filings/BAP/6-k-credicorp-ltd-current-report-foreign-issuer-9e1dd89fc4cd.html
[2] https://semanaeconomica.com/management/gerencia/pacifico-seguros-credicorp-capital-y-prima-afp-tendran-nuevos-ceo-desde-enero-de-2026