The Chilean retail store, Ripley, announced that its current General Manager, Andrés Roccatagliata Orsini, will be replaced by Rafael Ferrada Moreira, starting on January 1st 2018.

“Mr. Roccatagliata will keep on working in the board of directors of Banco Ripley Chile and Banco Ripley Perú, adding value to the operations of the company in both markets”, says the statement released by the company.

Since December 23^rd 2016, Rafael Ferrada Moreira performs as Corporate Finance and Administration Manager.

Ripley was founded in 1956, and it currently is one of the largest retail stores in Chile and Peru. The core business of the company is selling clothes, accessories and home products via its department stores and online platform.