After over a year leading the Capital Markets unit of Credicorp Capital in Chile, Arturo Aldunate is stepping down to take on a more regional role. The executive was appointed this week as the leader of Business Development in Wealth Management.
This position, the company announced in a statement, has a regional scope and is based in Miami, USA. Aldunate will assume his new duties starting July 1.
The executive joined the Peruvian-based firm in March 2019, according to his LinkedIn profile, as the general manager of Credicorp Capital Asset Management. He was later named Managing Director of Capital Markets.
Previously, he held positions at Altis AGF as general manager, Inversiones Marve as investment manager, Banco Santander as VP of the Equity Trading Desk and Family Offices, and Grupo Security as a risk analyst.
New Leader of Capital Markets
The position vacated by Aldunate at the Chilean branch of Credicorp Capital will be filled by José Manuel Baeza. The executive, who has a 16-year track record, was named the new leader of Capital Markets.
He will assume his new duties on July 1, and the investment firm expects that “his second-line experience within the area in recent years ensures an optimal transition into the role,” as stated in their press release.
Baeza joined the firm in 2021, taking charge of Equities since 2023. During that period, he optimized equity operations and strengthened relationships with institutional clients, significantly increasing the company’s profitability and market positioning.
Before joining the firm, Baeza served as VP and Head of Equity Sales at Santander Corporate & Investment Banking, Head of Institutional Equity Sales & Trading at Banco BICE, and Equity Sales Trader at Celfin Capital (now BTG Pactual Chile).