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UCPB, Philphos sign agreement for Provident Fund management

UCPB, Philphos sign agreement for Provident Fund management
Photo shows (seated, R-L) UCPB First Vice President and Trust Banking Group Head Arturo I. Lipio, Jr. Philphos President Dennis Mate and UCPB Trust Sales Department Head Ma. Catalina Cruz during the signing of the agreement at the Philphos headquarters in Makati City. They are joined by (standing, R-L) UCPB Relationship Manager Nadia Gaetos, UCPB Trust Banking Strategic Support Services Department Head Veronica Mojares, Philphos Legal Counsel Atty Jacqueline Carlotta Sydiongco and Philphos Senior Vice President and Corporate Planning Head Joselito Y. Bautista.

UCPB recently forged an agreement with Philippine Phosphate Fertilizer Corporation (PHILPHOS) to manage the provident fund contributions of its employees.

Under the agreement, UCPB will manage the provident fund of its employees, investing the fund based on a set of pre-agreed asset classes and a model portfolio suited to the fund’s objectives.

Date published: December 3, 2019

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