Bank of Chile (NYSE:BCH) filed a Form 6-K on October 29, 2026, disclosing that Chief Executive Officer Eduardo Ebensperger Orrego submitted his resignation at Ordinary Board Meeting No. BCH 3,061, with Hernán Arellano Salas appointed as his successor.

Key Highlights

  • Resignation submitted: Eduardo Ebensperger Orrego informed the Banco de Chile Board of his resignation as Chief Executive Officer at Ordinary Board Meeting No. BCH 3,061, held October 29, 2026.
  • Effective date: The resignation is effective April 2, 2027, according to the filing.
  • Successor named: The Board resolved to appoint Hernán Arellano Salas as Chief Executive Officer, effective April 3, 2027.
  • Tenure acknowledged: The Board recognized Ebensperger Orrego for more than ten years serving as Chief Executive Officer of Banco de Chile.
  • Regulatory basis: The disclosure was filed as material information pursuant to Articles 9 and 10 of Law No. 18,045 on Securities Market and General Rule No. 30 of the Chilean Financial Market Commission.

Leadership Transition at Banco de Chile

According to the Form 6-K, Banco de Chile, one of Chile's major banking institutions operating under the regulatory oversight of the Chilean Financial Market Commission (CMF), disclosed a planned change in its top executive position. The filing is an English translation of a letter sent by Banco de Chile to the CMF President, Catherine Tornel León, and to local stock exchanges, classifying the leadership change as material information under Chilean securities law.

The filing states that Eduardo Ebensperger Orrego, who has served as Chief Executive Officer of Banco de Chile for more than ten years, submitted his resignation at Ordinary Board Meeting No. BCH 3,061 on October 29, 2026. The Board of Directors resolved to accept the resignation, effective April 2, 2027. The filing notes that the Board "expressed its recognition and appreciation for his work and contribution to the Bank during his more than ten years serving as Chief Executive Officer," and also recognized "the advance notice with which the resignation was communicated, which contributes to ensuring continuity in the Bank's executive management."

At the same meeting, the Board resolved to appoint Hernán Arellano Salas as the incoming Chief Executive Officer, with his tenure set to begin April 3, 2027, one day after Ebensperger Orrego's departure. The filing was signed by Ebensperger Orrego in his capacity as CEO and dated October 29, 2026. Banco de Chile files annual reports under Form 20-F, as indicated on the cover page of the 6-K filing.

What Was Disclosed

Banco de Chile's Form 6-K, filed October 29, 2026, disclosed the resignation of CEO Eduardo Ebensperger Orrego, effective April 2, 2027, and the Board's appointment of Hernán Arellano Salas as successor CEO, effective April 3, 2027, both actions taken at Board Meeting No. BCH 3,061.