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September 22, 2023

BDO names new execs for institutional banking segment

BDO Unibank Inc. headed by bankero Nestor Tan has tapped three new executives to head the listed bank’s institutional banking segment.

The new hires of the Sy-led bank replaced former BDO senior executive vice president and institutional banking group head Walter Wassmer who was recently elected as a member of the bank’s Board of Directors.

Tapped as co-head of BDO’s institutional banking group were executive vice presidents Cecilia Luz Tan, Gerard Lee Co, and Jeanette Javellana.

Tan, who is also lead co-head, will cover corporate banking, financial institutions, international desks, sustainable finance desk as well as administration and support.

On the other hand, Co is tasked to cover commercial banking for Visayas and Mindanao, while Javellana would take care of Luzon including Metro Manila.


UnionBank gets BSP nod, becomes first and only PH universal bank to offer mobile crypto trading

Proving its status anew as an industry trailblazer, Union Bank of the Philippines (UnionBank) recently achieved another first in the industry after securing a Certificate of Authority from the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual asset service provider (VASP), making it the first and only universal bank in the Philippines to offer virtual asset exchange services.

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Maya sweeps banking awards

Fintech firm Maya, a pioneer in digital banking in the Philippines, secures three prestigious awards, including Virtual Bank of the Year, reflecting its commitment to financial inclusion and innovation in the digital banking sector.

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HSBC Philippines CEO Sses bright future for the country

Sandeep Uppal, President and CEO of HSBC Philippines, sees a bright future for the country, citing its welcoming nature, rich history, and potential in sustainable finance and renewable energy investments, while emphasizing the importance of work-life balance and long-term career planning.

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