Asia United Bank Corp. (AUB) held its organizational board of directors’ meeting on July 4, where Jonathan C. Ng was chosen as the new board chairman, succeeding Abraham T. Co, who assumed the role of vice chairman.
Additionally, Retired Justice Adolfo S. Azcuna resigned as director but will continue to serve as a senior adviser to the board.
Mr. Ng, who previously served on the board from 1998 to 2016, joins his brother, Bankero Jacob C. Ng, AUB’s executive vice-president, branch banking group head, and chief transformation officer.
Both are sons of Jacinto L. Ng, Sr., founder and chairman emeritus of Republic Biscuit Corp. (Rebisco) and AUB.
Mr. Ng also holds the position of vice chairman in Rebisco.
He is also involved in various other companies and serves as a trustee and director in several organizations.
