China Banking Corp. has appointed policy veteran Domini S. Velasquez as group chief economist for its financial markets segment, with the rank of First Vice President, and approved the promotion of another senior executive.
The appointment takes effect Feb. 5, according to a regulatory filing.
Velasquez brings nearly 20 years of experience in research and policy analysis across the real sector, international economics, monetary and financial policy, public finance, and labor economics.
Velasquez has held senior roles across the Philippine economic policy sphere, including serving as undersecretary and chief economist at the Department of Finance and interim head of innovation at the National Economic and Development Authority. She was previously with the Bangko Sentral ng Pilipinas’ Investor Relations Office and Citibank’s public sector risk unit.
She holds a mathematics degree from Ateneo de Manila University and master’s degrees from the National University of Singapore and the London School of Economics and Political Science.
The board also approved the promotion of Rhodin Evan O. Escolar, group head of the Credit Portfolio and Quality Assurance Group under the institutional banking segment, to First Vice President II from First Vice President I, effective Feb. 16.
Separately, the bank’s executive committee approved the resignation of Luellia S. Espine, First Vice President I and division head of Corporate Banking Division II under the institutional banking segment, effective Feb. 8.
