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September 24, 2023

RCBC achieves first Filipino cyber risk governance certification

Bankero Erika Fille T. Legara, PhD, an independent director of Rizal Commercial Banking Corp. (RCBC), has become the first Filipino to receive the Certificate in Cyber Risk Governance from the DCRO Institute, a prestigious recognition in the field.

This honor highlights Legara’s dedication to advancing risk governance practices within the banking industry and her contributions to data science and artificial intelligence advancement.

The certificate is exclusively granted to graduates of The Board Members’ Course on Risk and is regarded as a premier credential for board members and C-suite executives in the realm of risk governance.


Three rural banks merge to enhance financial stability

Three rural banks have successfully merged in a move aimed at bolstering their financial stability, as confirmed by the Bangko Sentral ng Pilipinas (BSP). The merger officially took effect on July 13, following the necessary regulatory approvals, as detailed in a circular letter signed by Bankero and BSP Deputy Governor Chuchi G. Fonacier on September 15.

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