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July 14, 2024

EastWest names Lawrence Lee as head of consumer banking segment

East West Banking Corp. headed by bankero Tony Moncupa has tapped veteran bankero Lawrence Lee to steer the consumer lending business of the Gotianun-led bank.

Lee takes over the position to be vacated by chief lending officer Jacqueline Fernandez once she assumes her new role as EastWest president starting July 1.

Lee will continue what Fernandez had built and established in her 16-year stewardship in consumer lending, in which she put EastWest among the top players in this space.

“Jacqueline has taken EastWest to new heights in the consumer lending space with her effective leadership and performance, and I intend to continue that legacy in tandem with her new role as EastWest president,” Lee said.

Lee comes to EastWest with over 30 years of experience in credit cycle, business finance, international risk and global operations across four continents, namely Asia, Africa, Australia, and Europe.

Among his former roles are his time as the Director of Regional Credit Operations in Asia, Australia, and Europe for Citi, where he had spent 15 years and pioneered various digital transformation initiatives.

Lee also spent seven years as Head of Unsecured Risk, Credit Cycle, and Finance for Standard Chartered Bank in the Philippines and Singapore, as well as previously serving in Barclays as the Global Head of Collection Design and a brief stint with American Express.

Lee holds a Master of Arts degree in Applied Business Economics from the University of Asia and the Pacific, and graduated cum laude as he earned his degree in Business Economics from the University of the Philippines.