The Penelope lineage continued after the wartime cruiser in a Leander-class frigate launched in 1962. After Royal Navy service, she was sold to Ecuador and renamed Presidente Eloy Alfaro. She appears to have been decommissioned in 2008 and later scrapped.
Notable Point · 3:29-3:59
The later Penelope's second career in Ecuador
A later Leander-class HMS Penelope continued the name after 1962 and then served Ecuador as Presidente Eloy Alfaro until her reported 2008 decommissioning.