CHINABANK - Key Persons
Job Titles:
- Member of the Management Committee
- Consumer Banking Segment Head
Aloysius C. Alday, Jr., 53, Filipino, Executive Vice President, is the Head of the Consumer Banking Segment. Prior to his current appointment, he was the Group Head of the Bank's Cards Business and Customer Contact Center, which was reorganized into the Consumer Banking Segment to oversee Consumer Banking and Multi-Purpose Loan in addition to the Cards Business and Customer Contact Center. He has over 25 years of experience in the banking industry in the Philippines and abroad, having worked at HSBC, Metrobank Card Corporation, and Metrobank in the fields of cards and payments, retail banking, consumer and corporate credit risk, and bancassurance. Mr. Alday holds a Bachelor of Science degree in Business Administration from the University of the Philippines, and has had extensive training on AML, data privacy, and corporate governance.
Job Titles:
- CARMELO Y. SALAZAR, Treasurer and Treasury Group Head
Christopher Ma. Carmelo Y. Salazar, 49, Filipino, Senior Vice President, is the Treasurer and Head of Treasury Group. He has more than 25 years of financial markets experience gained from different institutions, including First Metro Investment Corporation, ING Bank-Manila, Standard Chartered - Manila, Thailand, and U.A.E., and Landbank of the Philippines. Mr. Salazar graduated with a Bachelor of Science in Management Engineering degree from the Ateneo de Manila University. He took up the Treasury Certification Program of the Ateneo-BAP Institute of Banking and participated in numerous trainings and seminars in corporate governance, AML, operational risk, information security, data privacy, bank marketing management, risk management, ethical decision making, leadership, and cybersecurity.
Claire Ann T. Yap, 67, Filipino, non-executive director, is an Independent Director of the Bank since October 1, 2020. She also serves as Independent Director of China Bank subsidiaries CBSI, CBCC, and CBSC, and CBCC subsidiary RCI. She has more than 30 years of experience in banking and finance in local and multinational organizations. She was Senior Vice President and Head of Global Service Centre of Global Payments Process Centre, Inc. and held executive leadership roles at Australia and New Zealand Banking Group Ltd. and Hongkong Shanghai Banking Corporation. Ms. Yap is a CPA and graduated cum laude from De La Salle University with a Bachelor of Science degree in Accountancy. She has had various trainings on managing customer experience, credit card fraud and security, information security and data privacy, AML, and corporate governance. In 2022, she attended trainings on Technology Governance for Directors, Advanced Corporate Governance, Sustainable Finance, and AMLA Compliance.
Job Titles:
- Chief Innovation and Transformation Officer and Innovation and Transformation Segment Head
Delfin Jay M. Sabido IX, PhD, 56, Senior Vice President, is the Chief Innovation and Transformation Officer and Innovation and Transformation Segment Head. He has over two decades of experience strategizing and leading various transformational, information technology, and research & development initiatives in local and international technology companies, including IBM Philippines, Stratpoint, IMI, and Wave Optics Inc. California, USA. Prior to joining China Bank, he was the Chief Transformation and Technology Officer of AXA Philippines. Earlier in his career, he also served as assistant professor at the University of the Philippines, Director-General of the National Computer Center, and as Director of the Advanced Science and Technology Institute of the Department of Science and Technology. Dr. Sabido earned both his PhD and Masters in Science degrees from Stanford University, and his Bachelor of Science degree from the University of the Philippines, Summa Cum Laude, all in electrical engineering. His professional certifications include technology governance, big data and analytics, cloud economics, Six Sigma, and SAFe. He is a member of the Optical Society of America and has published a number of research works on fiber-optic communication systems and devices, analog optical links, optical networks, RF microelectronics, and wireless broad-band systems.
Job Titles:
- Centralized Operations Group Head
Delia Marquez, 61, Filipino, First Vice President II, is the Head of the Centralized Operations Group. She has over thirty years of financial experience, working as Auditor at SGV & Co. and Transunion Corporation prior to joining the Bank in 1988. A CPA, Ms. Marquez graduated cum laude from the University of Santo Tomas with a Bachelor of Science degree in Commerce, Major in Accounting. She attended The Asian Banker's Future of Finance Summit 2017, SAS Management's Intro to Agile Project Management, GGAPP and PWC Phils.' Annual Forum on Good Governance, Ethics and Compliance, and ICD's various Corporate Governance Trainings, as well as other seminars on the Internal Capital Adequacy Assessment Process, the Internal Credit Risk Rating System, the Philippine Financial Reporting Standards, and risk model validation.
Genaro V. Lapez, 65, Filipino, non-executive director, was elected as Independent Director of China Bank on May 6, 2021. He also serves as Independent Director of China Bank subsidiaries CBSI and CBSC. He is a seasoned strategic and tactical thinker with extensive local and international experience in industries like fast-moving consumer goods, pharmaceuticals, and multimedia publishing, and banking. He served as a Senior Advisor at Union Bank of the Philippines where he also previously served as Executive Vice President and Head of Center for Strategic Partnerships and Head of Consumer Finance. Mr. Lapez earned his Bachelor of Science degree in Management Engineering from the Ateneo de Manila University. He had attended various seminars and training programs, including ICD's Technology Governance for Directors in 2021 and AML updates and Advanced Corporate Governance training in 2022.
Job Titles:
- Executive Director
- Vice Chairman
Gilbert U. Dee, 87, Filipino, is the Vice Chairman of the Board since May 5, 2011. He became a member of the China Bank Board on March 6, 1969 and was the Chairman from 1989 to 2011. He is also the Chairman of China Bank subsidiary CBC Properties and Computer Center, Inc. (CBC-PCCI) and Union Motor Corp. He previously served on the boards of Philippine Pacific Capital Corp., Philex Mining Corp., and CBC Finance Corp. Mr. Dee holds a Bachelor of Science degree in Banking from De La Salle University and a Master's in Business Administration (MBA) degree in Finance from the University of Southern California. He had attended various banking and governance trainings, including ICD's Advanced Corporate Governance Training and AML Updates in August 2022, and Technology Governance for Directors: Sink, Float or Swim in the Waves of E-Commerce in January 2022.
Job Titles:
- Chairman
- Non - Executive Director
Hans T. Sy, 67, Filipino, is the Chairman of the Board since May 5, 2011. He has been a member of the China Bank Board since May 21, 1986 and served as Vice Chairman from 1989 to 2011. He also serves as Director and Chairman of the Executive Committee of SM Prime Holdings, Inc. (SMPH)*, Adviser to the Board of SM Investments Corp. (SMIC)*, Chairman of the Board of Trustees of National University, Inc., and holds other key positions in several companies within the SM Group. He was given the Outstanding Filipino Award at the 2022 TOFIL awards for his contribution to nation building and resiliency through sustainability and disaster risk reduction. Mr. Sy graduated from De la Salle University with a Bachelor of Science degree in Mechanical Engineering, and attended various banking and governance trainings, including the Risks and Opportunities in Sustainable Finance training conducted by Moody's Analytics in October 2022, and Anti-Money Laundering (AML) updates and Advanced Corporate Governance training conducted by the Institute of Corporate Directors (ICD) in August 2022.
Harley T. Sy, 63, Filipino, is a member of the China Bank Board since May 24, 2001. He is also the Executive Director of SM Investments Corporation, one of the largest publicly listed companies in the Philippines, and holds various positions in other non-listed companies in the SM Group. Mr. Sy graduated with a Bachelor of Science degree in Commerce, Major in Finance, from De La Salle University. He has had extensive training on banking and finance, the most recent of which cover updates on AML, corporate governance, BSP supervisory assessment framework, and technology governance for directors.
Herbert T. Sy, 66, Filipino, was first elected to the China Bank Board on January 7, 1993. He also serves as Chairman of Supervalue, Inc., Super Shopping Market, Inc., Sondrik, Inc., and Sanford Marketing Corp., and as director of SM Prime Holdings, Inc.* and National University. He has been involved in companies engaged in food retailing, investment, real estate development, and mall operations. Mr. Sy obtained his Bachelor of Science degree in Management from De La Salle University. His latest banking-related trainings included updates on AML, corporate governance, and cybersecurity governance in August 2022.
Joaquin T. Dee, 87, Filipino, is a member of the China Bank Board since May 10, 1984. He currently serves as Chairman of JJACCIS Development Corp. and Enterprise Realty Corp., and Director of Suntree Holdings Corp. He served as Vice President of Wellington Flour Mills from 1964 to 1995. Mr. Dee is a graduate of Letran College with a Bachelor of Science degree in Commerce. He attended various trainings and seminars related to banking, such as on AML, corporate governance, data privacy, and managing finances in the digital age.
Jose L. Osmeña, Jr., 64, Filipino, Executive Vice President, is the Head of the Retail Banking Business Segment. He has been with the Bank for more than 30 years, serving in various capacities, including Branch Head, Area Head, Region Head, and Deputy Segment Head. He previously worked at Insular Bank of Asia and America and Producers Bank of the Philippines prior to joining China Bank. Mr. Osmeña holds a Bachelor of Science degree in Commerce, Major in Accounting, and an MBA from the University of San Carlos. He completed the Advanced Bank Management Program of the Asian Institute of Management (AIM) and participated in several trainings on export financing, loan documentation, money market, service quality management, channels marketing, corporate governance, and AML.
Jose T. Sio, 83, Filipino, is a China Bank director since November 7, 2007. He also serves as Chairman of SM Investments Corp.*, as Director of Atlas Consolidated Mining and Development Corp. and Far Eastern University, Inc. (as Independent Trustee), and as Adviser to the Board of BDO Unibank, Inc.*, Belle Corp.*, and Premium Leisure Corp.* He is also on the boards of NLEX Corp., Ortigas Land Corp., and First Asia Realty Development Corp., and is currently the Chairman, President, and Trustee of SM Foundation, Inc. A former Senior Partner of SyCip Gorres Velayo & Co. (SGV), Mr. Sio is a Certified Public Accountant (CPA) and holds a Bachelor of Science degree in Commerce, major in Accounting, from the University of San Agustin, and an MBA from New York University. In March 2023, he was honored by the Professional Regulatory Board of Accountancy with the Accountancy Centenary Award of Excellence. He has had extensive banking and governance training, and has been a speaker in various fora and trainings, the latest of which was a webinar organized by the Association of CPAs in Commerce & Industry.
Leilani B. Elarmo, 46, Filipino, was appointed as China Bank's Corporate Secretary on January 1, 2022. She joined the Bank's Office of the Corporate Secretary (OCS) in 2005, and became the Assistant Corporate Secretary in 2006 and the OCS Deputy Head in December 2021. She also served as the Corporate Secretary of China Bank subsidiary CBC-PCCI from 2007 to 2021. Prior to joining the Bank, she was a Court Attorney at the Supreme Court of the Philippines and worked as Junior Associate at Cayetano Sebastian Ata Dado and Cruz Law Offices. Ms. Elarmo earned her Bachelor of Laws degree from the University of the Philippines, where she also obtained her Bachelor of Science in Business Administration degree, cum laude. She had attended various trainings and seminars on corporate housekeeping, mandatory continuing legal education, corporate governance, and anti-money laundering.
Job Titles:
- Institutional Banking Segment Head
Lilian Yu, 57, Filipino, Executive Vice President, is the Head of the Institutional Banking Segment. She also currently serves as Director of China Bank Capital and FISTC-AMC. She has over 30 years of experience in credit, project and structured finance, and debt capital markets. Prior to joining the Bank, she was an International Consultant for the Asian Development Bank. She also worked for international financial institutions abroad such as Barclays Capital, ABN Amro Bank, Deutsche Bank, and the International Finance Corporation (IFC) of the World Bank Group. A CPA and a Certified Financial Analyst, Ms. Yu holds a Bachelor of Science degree in Business Administration and Accountancy, magna cum laude, from the University of the Philippines, and an MBA degree from the Wharton School of the University of Pennsylvania.
Magnolia Luisa N. Palanca, 53, Filipino, Executive Vice President, is the Head of the Financial Markets Segment. She also serves as Director of China Bank Capital. She has over 30 years of banking and financial markets experience, having worked with several financial institutions before joining the Bank, such as J.P. Morgan (S.E.A. Limited) in Singapore and J.P. Morgan Chase Bank, N.A.- Manila Branch, Standard Chartered Bank-Manila, ING Bank NV-Manila Branch, Solidbank, and Metrobank. Ms. Palanca is an SEC Fixed Income Market Salesman, Ateneo-BAP Certified Treasury Professional, and was a Registered Representative with the Monetary Authority of Singapore from 2015 to 2018. She obtained her Bachelor of Science degree in Business Economics from the University of the Philippines-Diliman, and has had extensive training on foreign exchange, financial derivatives, capital market, leadership, and corporate governance.
Job Titles:
- Lead Independent Director
Margarita L. San Juan, 69, Filipino, non-executive director, is the Bank's Lead Independent Director. She was first elected to the China Bank Board on May 4, 2017. She is also an Independent Director of China Bank subsidiaries CBCC, China Bank Insurance Brokers, Inc. (CIBI), and CBCC's wholly-owned subsidiary Resurgent Capital (FISTC-AMC) Inc. (RCI). She previously served as the Bank's Senior Vice President and Account Management Group Head until her retirement in 2012. Ms. San Juan earned her Bachelor of Science degree in Business Administration, Major in Financial Management, from the University of the Philippines, and completed the Advanced Bank Management Program of the Asian Institute of Management (AIM). She has had extensive training on banking, marketing, development financing, risk management, and governance, the latest of which was the training on anti-money laundering, cybersecurity governance, and managing finances in the digital age in August 2022.
Job Titles:
- Founder of SM
- Late Honorary Chairman
Success comes to those who dream big, work very hard to achieve their
goals, and are determined and optimistic amid challenges. Henry Sy Sr., the
founder of SM, the father of modern Philippine retail, and the Honorary
Chairman of China Bank, had attained great success and had touched
so many lives in his 94 years.
Job Titles:
- Chief Finance Officer
- Member of the Management Committee
Patrick D. Cheng, 60, Filipino, Executive Vice President, is the Chief Finance Officer of the Bank. He is also the Chairman of China Bank Insurance Brokers and Director of China Bank Savings (CBS), Manulife China Bank Life Assurance (MCBLife), Manila Overseas Commercial Inc., and SR Holdings Corp. He previously served as President and Chief Executive Officer of HSBC Savings Bank (Philippines) and President of the Chamber of Thrift Banks for two terms. Mr. Cheng is a Certified Public Accountant (CPA), placing 7th in the CPA Board Examinations, and a Distinguished Alumnus awardee of the University of the Philippines (UP) - Virata School of Business. He holds a Bachelor of Science degree in Business Administration and Accountancy from UP, magna cum laude, and a Master's in Management degree, with Distinction, from the Hult International Business School in Cambridge, Massachusetts. He has had extensive banking and asset/liability management training and also completed with Distinction the Trust Operations and Investment Management course of the Trust Institute of the Philippines.
Peter S. Dee, 81, Filipino, is a China Bank Board member since April 14, 1977. He served as President and Chief Executive Officer from 1985 to 2014. He is also currently an Independent Director of City & Land Developers, Inc.* and Cityland Development Corp.*, and Director of CBC-PCCI, Commonwealth Foods, Inc., GDSK Development Corp., Makati Curbs Holdings Corp., Great Expectation Holdings, Inc., and The Big D Holdings Corp. Mr. Dee obtained his Bachelor of Science degree, Major in Commerce, from De La Salle University and the University of the East. He had attended various banking and governance trainings, including ICD's Advanced Corporate Governance Training in 2022.
Philip S.L. Tsai, 72, Filipino, non-executive director, is an Independent Director of China Bank since November 7, 2018. He is also on the boards of China Bank subsidiaries China Bank Savings, Inc. (CBSI), CBCC, and CIBI as Independent Director. He previously served as the Bank's First Vice President and Region Head of the Retail Banking Business until his retirement in 2015. Mr. Tsai obtained a Bachelor of Science degree in Business Administration from the University of the Philippines and an MBA from the Roosevelt University in Chicago, Illinois. He had attended various banking, marketing, and governance trainings, including the training on AML updates, cybersecurity governance, and managing finances in the digital age in August 2022, and the forum on sustainability organized by SMIC and WWF Philippines in November 2022.
Ricardo R. Chua, 71, Filipino, is Advisor to the Board since November 1, 2017. He previously held several key positions in the Bank: as Director from 2008 to October 2017, President and Chief Executive Officer from September 2014 to October 2017, and Chief Operating Officer from 2012 to 2014. He is also currently the Advisor of the Bank's Technology Steering Committee, the Chairman of CBSI and CBCC, and a Director of CBC-PCCI. A CPA, Mr. Chua, graduated with a Bachelor of Science degree in Business Administration, Major in Accounting, cum laude, from the University of the East, and obtained his Master's in Business Management from the AIM. He has had trainings in banking operations, corporate directorship, AML updates, corporate governance, sustainable finance, cybersecurity governance, and managing finances in the digital age, among others.
Job Titles:
- Chief Executive Officer
- Executive Director
- Member of the Management Committee
- President
Romeo D. Uyan, Jr., 60, Filipino, is the Bank's President and CEO effective April 1, 2023. He also serves as Vice Chairman of China Bank Capital. An investment banker with over two decades of trading, financing, and structuring experience in the Asia Pacific region, Mr. Uyan was previously the President of China Bank Capital and the Managing Director of UBS AG-Singapore Branch and Barclays Capital. He graduated cum laude from the Ateneo de Manila University with a Bachelor of Science degree in Management Engineering, and with Distinction from the Johnson Graduate School of Management in Cornell University, New York, with a Master's degree in Business Administration (MBA). He has had extensive training on banking, securities and futures products, fraud awareness, Foreign Account Tax Compliance Act, environmental and social risk, AML, and corporate governance.