AFP Modelo S.A. is a prominent Pension Fund Administrator (Administradora de Fondos de Pensiones - AFP) in Chile, established to manage the retirement savings of its affiliates. It commenced operations in August 2010, winning the tender for new affiliates due to offering the lowest commission in the market at the time. AFP Modelo is committed to providing transparent, efficient, and accessible pension services, offering various investment funds (multifondos) tailored to different risk profiles and life stages of its members. Their focus is on maximizing long-term returns for contributors' mandatory and voluntary pension savings, contributing to the financial security of Chilean workers in their retirement.
The headquarters serves as the central hub for strategic decision-making, investment management, operations, customer service oversight, and regulatory compliance for all of AFP Modelo's activities in Chile.
Located in a modern office building within a significant business district of Santiago, likely equipped with contemporary facilities to support its financial operations and client interactions.
The work culture is expected to be professional, data-driven, and focused on financial prudence, risk management, and customer service, typical of the financial services and pension fund industry.
The headquarters is vital for coordinating AFP Modelo's nationwide services, managing billions in pension assets, and engaging with regulatory bodies and the Chilean public.
AFP Modelo's primary operations and client services are concentrated within Chile, as its mandate is to manage the pension funds of Chilean workers. Its global presence is indirect, stemming from its investment activities. To diversify portfolios and seek optimal returns for its affiliates, AFP Modelo, like other Chilean AFPs, invests a portion of its managed funds in international markets across various asset classes and geographies, adhering to regulatory guidelines.
Av. Andrés Bello 2711, Piso 8
Las Condes, Santiago
Región Metropolitana
Chile
Address: Av. Libertad 777, Local 3, Viña del Mar
To ensure AFP Modelo's services are accessible to workers and retirees in one of Chile's major coastal cities and surrounding areas, offering localized support for pension fund management.
Address: Barros Arana 540, Local 4, Concepción
To provide convenient and direct access to AFP Modelo's pension administration services for the large number of affiliates residing and working in southern Chile's key economic hub.
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As of April 2025, AFP Modelo' leadership includes:
AFP Modelo has been backed by several prominent investors over the years, including:
In April 2024, AFP Modelo announced changes to its Board of Directors following the Ordinary Shareholders' Meeting. Such changes are part of regular corporate governance.
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AFP Modelo likely uses a standard corporate email format. Common patterns include first initial followed by last name, or first name separated by a dot from the last name, at their domain 'modelo.cl'.
[first_initial][last]@modelo.cl
Format
acastro@modelo.cl
Example
80%
Success rate
Comisión para el Mercado Financiero (CMF) / AFP Modelo • April 26, 2024
AFP Modelo submitted its consolidated financial statements for the first quarter of 2024 to the CMF. The report details the company's net income of CLP 5,068 million for the period, assets under management, and number of affiliates, providing an overview of its financial health and operational scale....more
La Tercera - Pulso PM • May 8, 2024
In an interview, AFP Modelo's CEO, Andrés Castro, discussed the performance of Chilean pension funds and the overall system. He emphasized that while the system has areas for improvement, implementing the correct incentives is crucial for enhancing its effectiveness and benefits for affiliates, particularly in the context of ongoing pension reform discussions....more
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