Luis Felipe Castellanos

Luis Felipe Castellanos serves as CEO of Intercorp Financial Services, Peru's second-largest financial group by assets. The holding company encompasses Interbank (one of Peru's four major banks), Interseguro (the country's leading annuity and life insurance provider), and Inteligo Group (wealth management and investment banking). Castellanos has led the digital transformation of Interbank, which is now widely regarded as Peru's most technologically advanced bank. Under Castellanos, Interbank has invested heavily in digital banking infrastructure, mobile payments, and data analytics — enabling it to serve the large unbanked and underbanked population in Peru more effectively than traditional branch-based competitors. The bank's digital account opening and lending processes have reduced customer acquisition costs while expanding reach into previously underserved segments. Interseguro's position as Peru's leading annuity provider gives the group stable, long-duration investment income. Castellanos' management of credit quality in Peru's sometimes volatile economic environment, his digital banking investment strategy, and the group's capital allocation across its three subsidiaries are the primary drivers of the stock. Peru's low financial penetration rates (bank accounts, insurance, retirement savings) provide significant structural growth potential for the entire group.