Bank of the Philippine Islands (BPI) led by bankero TG Limcaoco named chief finance officer Maria Theresa Javier as president and chief executive officer of its wealth management arm.
Javier has taken over as head of BPI Asset Management and Trust Corp. (BPI AMTC), the country’s largest fund house.
Marcial is an accomplished banker who brings with her more than 25 years of experience in the Philippine financial services industry, as well as expertise in strategic planning and finance, corporate banking, debt and equity capital markets, and investment management and trust.
“It is an honor to take charge of a company with an unrelenting commitment to provide the investing public with the best options and services that will help them build wealth and reach their goals. Looking ahead, we will continue to pursue excellence in fund management and steer towards the direction of shared success,” the bankero said.
BPI AMTC sits on a total of over P890 billion in assets under management as of March 2022, with 18 percent of the market share in the Philippines. It is home to 37 multi-awarded and innovative BPI Invest funds that allow Filipinos to access the fastest growing industries in the local and global investment space.
Prior to her recent appointment, Marcial was chief finance officer, chief sustainability officer as well as head of strategy and finance at BPI, responsible for strategic planning, accounting, financial control, capital management, balance sheet analytics, corporate legal affairs and litigation, and investor relations.
Marcial also held various leadership positions at the Fund Managers Association of the Philippines, Trust Officers Association of the Philippines, Capital Markets Development Committee of FINEX, Market Governance Board of Philippine Dealing and Exchange Corporation, and the National Advisory Council of World Wide Fund for Nature (WWF) Philippines.
Marcial, who completed the Advanced Management Program at Harvard Business School, was also recognized as one of Top 25 Most Influential Women in Asset Management in Asia by Asian Investor, and Most Outstanding Alumnus of the University of the Philippines Los Baños.