Last Updated: Jan 15 2009 - Able2Act


Fact Sheet for A.F.P. Provida

Country: CHL
Contact: A.F.P. Provida SA Av. Pedro de Valdivia 100 Torre Provida Santiago Chile Phone: (562) 363-1011
Management: Chief Executive Officer Jorge Chijner Vice Chairman of the Board Gustavo Alcalde Lemarie Chief Operation Officer Juan C. Reyes Madriaza
Homepage: http://www.bbvaprovida.cl
Comments: Administradora de Fondos de Pensiones Provida S.A. (Provida) incorporated on March 3, 1981, a private pension fund administrator operating in the Republic of Chile. The Company provides services that include the collection and management of contributions made by affiliates, investments of affiliate’s contributions in pension funds managed by the Pension Fund Administrator (AFP), provide life and disability benefits for affiliates and provide a senior pension for affiliates. On March 2, 2007, Provida International sold the equivalent of 10.00% of the share capital of BBVA Crecer AFP to one of the companies of the Vicini Group in that country, maintaining a 25% interest in the share capital of the aforementioned AFP. The Company's controlling shareholder is BBVA Pensiones Chile S.A., which is controlled by the BBVA Group.
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