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April 19, 2024

Women Power: EastWest names 2 new directors

As the world celebrates International Women’s Day, East West Banking Corp. led by bankero Tony Moncupa Jr. announced the appointment of top Filipino bankers Imelda Capistrano and Cristina Orbeta to its 11-member Board of Directors.

“We at EastWest are glad about the addition of esteemed bankers to our Board of Directors. We truly look forward to their guidance as we aim to propel the bank to greater heights this year and for many more years to come,” EastWest chairman Jonathan Gotianun said.

In addition to bringing the wisdom and strength of women to top positions in the bank, Capistrano and Orbeta also deliver crucial experience in governance and banking as EastWest continues to navigate the industry through the challenges posed by the global COVID-19 pandemic and the expectations of an economic rebound.

Capistrano, who has 40 years of experience in the industry, served as the director and country manager of American bank Wells Fargo for nearly 11 years.

Capistrano has extensive expertise in various specializations in banking, including business development, governance, and offshore bank and representative office management after stints in Wachovia Bank, Standard Chartered Bank Australia, First Interstate Bank of California, and Union Bank of the Philippines.

On the other hand, Orbeta, who is currently a World Bank consultant for deposit insurance, has over 42 years of valuable experience in banking and governance.

Orbeta served as executive vice president of state-run Philippine Deposit Insurance Corp. for nine years until she assumed the top post as President and Vice- Chairman of the Board from 2014 up to her retirement in 2017.

Orbeta was previously a member/advisor to the Boards of UCPB, UCPB Savings Bank, and UCPB Leasing.

Orbeta also brings with her expertise in various fields of banking such as borrowing and lending operations, loan negotiations, credit analysis, and risk management after her five-year stint with Credit Lyonnais Manila Offshore branch.