Falabella Executive and Leadership Team

May, 2026

Leadership Overview

Falabella has 4 executives leading key functions including strategy, operations, finance, and technology.

Driven by a commitment to customer-centricity, Falabella aims to be the leading retail destination across South America, integrating diverse retail formats and financial services to create a seamless customer experience and drive regional economic growth.

Leadership Roles at Falabella

  • Chief Executive Officer - Augusto Coello
  • Chief Financial Officer, Corporativo - Marcelo Elicegui
  • General Manager & Chief Operating Officer, Fazil App - Fernando Sebo
  • Chief Technology Officer, Architecture & Core Platforms - German Capdevila
  • Augusto Coello - Chief Executive Officer

    Augusto Coello, the Chief Executive Officer at Falabella, directs the overarching corporate strategy and business development initiatives for the multinational retail conglomerate. Coello guides the integration of Falabella's diverse retail formats, including department stores, home improvement centers, and supermarkets, ensuring cohesive market presence across South America. Overseeing the strategic vision, the Chief Executive Officer champions innovation in both physical retail and the company's significant e-commerce platform. Augusto Coello's leadership ensures alignment with the company's mission to provide fashion, electronics, home goods, and consumer products, while also driving the expansion of its integrated financial services arm, encompassing banking and insurance. This comprehensive approach solidifies Falabella's position as a leading retail and financial services ecosystem.

    Marcelo Elicegui - Chief Financial Officer, Corporativo

    Marcelo Elicegui, the Chief Financial Officer, Corporativo at Falabella, directs all corporate financial planning, analysis, and reporting for the expansive retail conglomerate. Elicegui manages the financial health and strategic investment across Falabella's diverse portfolio, which includes department stores, home improvement centers, supermarkets, and financial services. Overseeing fiscal operations, the Chief Financial Officer ensures robust capital allocation to support growth initiatives in both traditional retail and the burgeoning e-commerce platform. Marcelo Elicegui's responsibilities extend to managing relationships with financial institutions and stakeholders, safeguarding the company's assets, and driving profitability. This leadership role is crucial for maintaining financial stability and enabling strategic expansion of Falabella's integrated retail and financial services ecosystem throughout South America.

    Fernando Sebo - General Manager & Chief Operating Officer, Fazil App

    Fernando Sebo, the General Manager & Chief Operating Officer, Fazil App at Falabella, executes the operational strategies for the company's digital ventures, specifically focusing on the Fazil App. Sebo manages the day-to-day operations, ensuring seamless functionality and customer experience within the app, which is integral to Falabella's e-commerce ecosystem. This role involves optimizing logistics, customer service, and platform performance to support the delivery of fashion, electronics, and home goods. The Chief Operating Officer, Fazil App, collaborates with other C-suite leaders to align digital operations with the broader corporate objectives of Falabella, driving efficiency and scalability. Fernando Sebo's operational oversight is critical for expanding market reach and enhancing customer engagement through innovative digital solutions, reinforcing the company's integrated retail and financial services model.

    German Capdevila - Chief Technology Officer, Architecture & Core Platforms

    German Capdevila, the Chief Technology Officer, Architecture & Core Platforms at Falabella, architects and oversees the development of the company's foundational technology infrastructure. Capdevila leads the strategic direction for core platforms that support Falabella's extensive retail operations, including department stores, home improvement centers, and supermarkets, as well as its significant e-commerce presence. This role is pivotal in ensuring the scalability, security, and efficiency of the technology systems that underpin the integrated retail and financial services ecosystem. The Chief Technology Officer, Architecture & Core Platforms, drives innovation in technology architecture to enhance customer experience and operational performance across South America. German Capdevila's technical leadership ensures that Falabella's digital transformation initiatives are robust and future-ready, supporting the delivery of fashion, electronics, home goods, and financial services.
    German Capdevila

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    Frequently Asked Questions Regarding Falabella Top Executives and Leadership Team

    Who leads Falabella?
    Falabella is led by Augusto Coello (Chief Executive Officer), along with executives such as Marcelo Elicegui (Chief Financial Officer, Corporativo) and Fernando Sebo (General Manager & Chief Operating Officer, Fazil App).
    Who is part of Falabella’s executive team?
    The executive team of Falabella includes leaders such as Augusto Coello (Chief Executive Officer), Marcelo Elicegui (Chief Financial Officer, Corporativo), Fernando Sebo (General Manager & Chief Operating Officer, Fazil App) and other senior executives.
    How many executives does Falabella have?
    Falabella has 4 executives leading key business areas.
    What roles are included in Falabella’s leadership team?
    The leadership team of Falabella includes roles such as Chief Executive Officer, Chief Financial Officer, Corporativo, General Manager & Chief Operating Officer, Fazil App, Chief Technology Officer, Architecture & Core Platforms.