Alberto Villarosa, the chairman of Security Bank Corp., passed away on May 3, 2023, at the age of 72, the bank announced.
Villarosa had previously held various executive positions, including president, chief executive officer and chief operating officer.
He also served in different financial institutions such as the Bank of the Philippine Islands (BPI) and Citibank Philippines.
In its statement, Security Bank recognized Villarosa’s significant contributions to the bank’s growth and expansion, particularly in key markets and in the adoption of technology to improve its banking services.