Credicorp Ltd. held its board meeting on December 20, 2017. At the meeting the board approved the appointment of Mr. Walter Bayly as Credicorp's Chief Executive Officer (CEO). Mr. Dionisio Romero Paoletti will continue as Executive Chairman of Credicorp.

Mr. Gianfranco Ferrari as Deputy CEO of Credicorp and Head of Universal Banking, who will report to the CEO of Credicorp. Mr. Ferrari has also been appointed as CEO of BCP. Mr. Alvaro Correa as Deputy CEO of Credicorp and Head of Insurance and Pensions, who will report to the CEO of Credicorp.

Mr. Correa will continue as CEO of Grupo Pacifico. Mr. Renzo Ricci will continue as CEO of Prima AFP reporting to Alvaro Correa. Mr. Javier Ichazo as Head of Microfinance, who will report to the CEO of Credicorp.

Mr. Ichazo will continue as CEO of Mibanco. Mr. Christian Laub as Head of Investment Banking & Wealth Management, who will report to Mr. Alvaro Correa as Deputy CEO of Credicorp. Mr. Laub will continue as CEO of Credicorp Capital.

Mr. Guillermo Morales as Head of Legal and Mr. Bernardo Sambra as Chief Human Resources Officer, both reporting to the CEO of Credicorp. Ms. Ursula Alvarez as Head of Talent Management at Credicorp, reporting to the CEO of Credicorp. Mr. Marco Roca as Head of Strategy and Business Development and Mr. Enrique Pasquel as Head of Corporate Affairs at Credicorp, both reporting to the Executive Chairman of Credicorp.