BDO Unibank independent director George Barcelon bought ₱5.6 million worth of shares in the Sy-led lender, increasing his holdings in the country’s largest bank by assets.
Barcelon acquired 50,000 BDO shares at ₱112 apiece on Sept. 24, according to a disclosure to the Philippine Stock Exchange.
The purchase raised his holdings to 694,357 common shares.
Barcelon has served as an independent director of BDO since April 2019. He is the founder of information technology company Integrated Computer Systems Inc. and a former chairman and two-time president of the Philippine Chamber of Commerce and Industry.
He graduated cum laude from De La Salle University with a bachelor’s degree in chemical engineering.
