The Philippine National Bank (PNB) announced that Edgar A. Cua has been appointed as chairman and Florido P. Casuela as president, effective April 25, 2023.
Cua, an independent director, has been in the bank’s board since May 31, 2016.
He previously held various positions at the Asian Development Bank.
Meanwhile Casuela joined PNB in 2006 as director and was appointed acting president on July 5, 2022.
Casuela is also the chairman of PNB Securities Inc. and a director Allianz PNB Life Insurance Inc., PNB International Investments Corp,. PNB RCI Holdings Co. Ltd. and Bancnet Inc.
Prior to PNB, he served as president of the Land Bank of the Philippines and Maybank Philippines Inc.
