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September 29, 2023

UnionBank appoints former Citibank executive as new COO

Union Bank of the Philippines (UnionBank) has announced the appointment of Manish Chawla, a former official of Citibank Philippines, as its new Chief Operations Officer (COO) and Executive Vice President.

Chawla brings two decades of experience in the financial services industry, including his roles at Citibank and General Electric’s financial services arm.

He holds a post-graduate degree in Finance and Control from Kurukshetra University in India.

UnionBank acquired Citibank’s consumer banking business in the Philippines last year.


Metrobank provides P15B loan facility to Globe Telecom

Metrobank has agreed to provide Globe Telecom Inc. with a P15-billion term loan facility to finance capital expenditures, debt refinancing, and general corporate requirements, as the telecom company allocates funds for data network expansion and the deployment of 5G technology.

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