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Wednesday, October 7, 2026
Big Banks

Tomas Apacible doubles up at Philtrust as EVP, corporate secretary

Philtrust Bank, controlled by the family of the late businessman Emilio Yap, has appointed EVP Tomas Apacible as corporate secretary effective Sept. 29.

Apacible, who has been with the bank since 2010, has served as an independent director, regular director and management consultant before being appointed executive vice president on June 1.

A former representative of Batangas’ first district from 2010 to 2013, Apacible has also held senior roles in government financial institutions, including as a director of Land Bank of the Philippines and senior governor and director of the Development Bank of the Philippines.

His corporate governance experience includes serving as a founding fellow of the Institute of Corporate Directors and a fellow of the Australian Institute of Company Directors. He was also an independent director of the Philippine Stock Exchange and senior vice president of Manila Bulletin Publishing Corp.

He is also an adviser to the Philippine Cancer Society.

Apacible earned a liberal arts degree from San Beda College and a master’s degree in business administration from the Asian Institute of Management. He also received a governance certificate from Yale University.

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