Credicorp Ltd. announced that the Board of Directors, in its session held on June 23, 2021, has appointed Gianfranco Ferrari as the new CEO of Credicorp, effective January 2022. Mr. Ferrari is Deputy CEO and Head of Universal Banking, the main Line of Business at Credicorp. Gianfranco Ferrari will succeed Walter Bayly, who decided to retire at the end of 2021 after an extraordinary 28 year career at the Group, including the last three years as CEO of Credicorp and the previous 10 years as CEO of its main subsidiary, Banco de Credito del Peru (BCP).