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Mr. Balarezo has solid management and corporate experience in leading multinational companies in the mining, cement and services industries. Today, he is an Independent Board Member in Compañía Minera Caravelí, Grupo LAR and Compañía Agrícola Chapi, as well as part of the Strategic Committees in Cobra and Spencer Stuart - Perú. He was also a Board member for AENZA (previously Graña y Montero) during its restructuring process.

During 2016 and 2017, Ernesto worked in the Presidency of the Council of Ministers, forming the Delivery Unit, which had the task of monitoring the progress of the 6 priority projects of the Government.

Before that, he held positions such as Executive Vice President for the Americas in Gold Fields Limited, and CEO of Gold Fields La Cima S.A. During this time his highlights were his contributions in the strategic definition and global results of the company and assisting in the formation of a world class team.

Previously, he worked for the Hochschild Group for 16 years. His last position was Vice President of Operations at Hochschild Mining, where he was responsible for five operations in Peru, Argentina and Mexico, as well as the mining projects in development. He also held the positions of General Manager of Hochschild Mining in Mexico and then in Peru, as well as Deputy General Manager and Finance Manager in Cementos Pacasmayo.