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Credicorp Overhauls Board Lineup and Confirms 2026 Auditor at March AGM

Story Highlights
  • On March 31, 2026, Credicorp’s AGM appointed a nine-member board for 2026–2029.
  • Shareholders approved director pay and named Tanaka Valdivia as Credicorp’s 2026 external auditor.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Credicorp Overhauls Board Lineup and Confirms 2026 Auditor at March AGM

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Credicorp ( (BAP) ) has provided an announcement.

On March 31, 2026, Credicorp Ltd. held its Annual General Meeting of Shareholders, where it appointed a new Board of Directors to serve from March 2026 to March 2029, naming nine directors including Nuria Aliño Pérez and Maria Inés Álvarez Arnao. The meeting also approved a detailed remuneration scheme for directors for the March 2026–March 2027 period and selected Tanaka, Valdivia, Arribas & Asociados, representatives of EY in Peru, as external auditors for the 2026 financial year, underscoring the company’s focus on governance stability and audit oversight.

The remuneration framework sets fixed annual fees for directors, additional payments for Audit Committee members and advisors, and per-session fees for participation in Compensation and Nominations, Risk, and Sustainability committees. By formalizing its board composition and audit arrangements for the coming years, Credicorp reinforces institutional continuity and regulatory compliance for investors while signaling ongoing attention to committee-based risk, sustainability, and compensation governance.

The most recent analyst rating on (BAP) stock is a Buy with a $369.00 price target. To see the full list of analyst forecasts on Credicorp stock, see the BAP Stock Forecast page.

Spark’s Take on BAP Stock

According to Spark, TipRanks’ AI Analyst, BAP is a Outperform.

Overall score is driven primarily by strong fundamentals (profitability recovery, improving leverage) and a positive earnings outlook (stable NIM, growth guidance, improving asset quality, strong capital and dividend intent). Valuation is supportive with a moderate P/E and solid yield. The main offsets are cash-flow volatility and mixed near-term technical momentum.

To see Spark’s full report on BAP stock, click here.

More about Credicorp

Credicorp Ltd. is a Peru-based diversified financial services holding company whose main subsidiary is Banco de Crédito del Perú. It operates across banking, insurance, and related financial businesses, focusing primarily on the Peruvian and broader Latin American markets, and is listed in the U.S. as a foreign private issuer.

Average Trading Volume: 490,316

Technical Sentiment Signal: Buy

Current Market Cap: $26.98B

For a thorough assessment of BAP stock, go to TipRanks’ Stock Analysis page.

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