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BAP elects 2014 board and officers

The Bankers Association of the Philippines’ new board retained Lorenzo V. Tan, President and CEO of Rizal Commercial Banking Corp., as president for a second term and Antonio C. Moncupa, President and CEO of EastWest Bank, as  first vice-president.

The members of the Bankers Association of the Philippines (BAP), a non-stock, non-profit organization mandated to further the interests and act as the unifying voice of the country’s commercial banking industry, held their elections on March 24, 2014.

TAN

TAN

MONCUPA JR.

MONCUPA JR.

Other top-ranked banking executives named to the new BAP board were: Enrico S. Cruz, Managing Director and Chief Country Officer of Deutsche Bank AG, BAP second vice president; Gil A. Buenaventura, President-CEO of Development Bank of the Philippines as BAP secretary; and Roberto L. Panlilio, Managing Director and Senior Country Officer of JP Morgan Chase Bank N.A. – Manila Branch. as BAP treasurer. Cesar O. Virtusio remains as Executive Director of the BAP.

Completing the 2014 BAP board membership are: Abraham T. Co, President of Asia United Bank; Cezar P. Consing, President-CEO of Bank of the Philippine Islands; Fabian S. Dee, President of Metropolitan Bank & Trust Co.; Reynold Y. Gerongay, President-CEO of Robinsons Bank Corp.; Mahendra Gursahani, CEO of Standard Chartered Bank; Jaime C. Laya, Chairman-President of Philippine Trust Company (Philtrust Bank); Omar Byron T. Mier, President-CEO of Philippine National Bank; Justo A. Ortiz, Chairman-CEO of Union Bank of the Philippines; Masato Tsunoda, General Manager of Mizuho Corporate Bank Ltd. – Manila Branch; and Alberto S. Villarosa, President & CEO, Security Bank Corporation.

EastWest is a subsidiary of the Filinvest Development Corporation (FDC), one of the largest and well-established business conglomerates in the country.  FDC, established in 1955, is identified with the Gotianun family and, aside from banking; its business interests include real estate, sugar, hospitality and tourism, and power generation.