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June 02, 2023

UnionBank losses 2 more execs

Union Bank of the Philippines headed by bankero Edwin Bautista lost two more key executives.

The Aboitiz-led bank informed the Philippine Stock Exchange (PSE) that head of asset and liability portfolio Ma. Christina Escolar as well as head of digital products business Harold Benjamin Libarnes have tendered their resignation.

The resignation of both first vice presidents takes effect on March 16.

Both executives cited personal reasons as the cause of their resignation.

Early this month, UnionBank also lost lawyer Nathan Marasigan and Richard Rigonan who also tendered their resignations for personal reasons.



Visa expects confidence in online payments to grow in the Philippines

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