Martín Naranjo Landerer, former Superintendent of Banca y Seguros de Perú, will become the Chief Executive in charge of leading Caja Nuestra Gente and Financiera Confianza, as well as the new entity resulting from the merger of both institutions.
His appointment, scheduled to be proposed to the Directories of the two entities next 23 of May, opens a new stage in the process of consolidating the action of BBVA Microfinance Foundation in Perú.
Lima, Perú, 3 may 2012.- Martín Naranjo Landerer, a prestigious economist and former Superintendent of Banca, Seguros y AFP de Perú, has been designated as the Chief Executive of Caja Nuestra Gente and Financiera Confianza, entities belonging to the BBVA Microfinance Foundation in Peru.
By this appointment, to be submitted for approval at the Director’s Boards of Caja Nuestra Gente and Financiera Confianza on the next 23 of May, Martín Naranjo will lead the two institutions, as well as the new entity resulting from the merger of both.
At the same time, Jorge Antonio Delgado Aguirre, up till now Executive Vice President of Caja Nuestra Gente, leaves his executive duties to concentrate on his work at the Director’s Boards of both entities, but remains at the disposal of the new Management in order to favor the growth, consolidation and integration of the two institutions. Also, he will keep on granting his support to the BBVA Microfinance Foundation.
Martín Naranjo, master’s degree in Economics from the University of Pennsylvania, has held important positions in renowned multi-lateral and governmental organizations. He has been the Superintendent of Banca y Seguros de Perú (1997-2000), General Manager of Corporación Financiera de Desarrollo (COFIDE), advisor to the Minister of Economy and Finances of Peru, and consultant of such significant institutions as the International Monetary Fund (IMF), the World Bank, the Comunidad Andina de Naciones (CAN), or the Banco Interamericano de Desarrollo, among others. Before joining Caja Nuestra Gente y Financiera Confianza as top executive, he was the Country Manager and Representative of Grupo Bancolombia in Peru and General Manager of Leasing Perú S.A.
The BBVA Microfinance Foundation is a non-profit institution created by the BBVA to promote the economic and social growth of the less favored within society thorough productive finances. The Foundation is completely independent and is not a part of the BBVA Group, which, in its turn, does not receive any financial or economic return from the Foundation.