Romero Group Enters New Era with Valdez at Helm

Fifth Generation Takes the Reins

A significant transition is underway at Grupo Romero as **Manuel Romero Valdez** steps up as the new president, signaling a move towards the fifth generation of family leadership.

Key Development

**Dionisio Romero Paoletti’s** farewell letter marks the end of an era for the Romero Group, paving the way for fresh leadership and strategies. The company is a large player in Peru’s retail trade sector.

Appointments this week include President of the Board of Directors in Alicorp and Independent Board of Directors in Antofagasta PLC.

A Generational Shift

The transition to **Manuel Romero Valdez** reflects a strategic decision to infuse new perspectives into the family holding. Grupo Romero is a large conglomerate.

According to a recent study, family-owned businesses that successfully transition to future generations are more likely to innovate and adapt to changing market conditions (PwC 2023).

Leadership Profile

Meet **Manuel Romero Valdez**, the new president of the holding. This transition surprisingly happened fast.

The farewell letter of **Dionisio Romero Paoletti** signals a new chapter in the history of the Romero Group. He wrote a heartfelt note.