UCPB recently welcomed six new members of the Board of Directors in line with LANDBANK’s acquisition of majority of UCPB’s outstanding capital stock.
The newly appointed directors are LANDBANK President and CEO Cecilia C. Borromeo as UCPB Chairperson together with UCPB Officer-in-Charge Liduvino S. Geron, and LANDBANK senior executives Alan V. Bornas, Julio D. Climaco, Jr., Randolph L. Montesa and Elcid C. Pangilinan. This brings the total number of directors to 15.
“With this new composition of the Board of Directors, we are taking another step in further unifying the two banks into one stronger financial institution with a bigger service delivery network, wider range of products and services that cater to a more inclusive client base,” UCPB Officer-in-Charge and new Director Liduvino S. Geron said.
LANDBANK President and CEO Cecilia C. Borromeo, who also served as President and CEO of the Development Bank of the Philippines, has an extensive banking career spanning over 30 years. She handled various posts in agricultural and development lending, treasury and investment banking, public sector lending, corporate banking, global banking, wholesale banking and lending program management.
Director Alan V. Bornas heads the LANDBANK Operations Sector and has nearly three decades of service in leading the improvement of the Bank’s customer service and business processes through automation and IT. Director Junet D. Climaco, on the other hand, has served the Bank for 28 years and now leads LANDBANK’s Branch Banking Sector. He previously headed the Bank’s Strategic Planning Group as well as its Corporate Services Sector. Prior to LANDBANK, he worked as a senior managing consultant at Price Waterhouse Coopers.
Director Randy L. Montesa heads LANDBANK’s Card and Electronic Banking Group and spearheads the digital payments and agent banking initiatives of the Bank. Director Elcid C. Pangilinan leads the Strategy and Knowledge Management Group, applying his vast experience and expertise from nearly 30 years in government service, development work and the academe in agencies and organizations such as the Department of Education, Office of the President’s Management Staff, USAID, UNDP, De La Salle System, Ateneo de Manila University and University of Asia and the Pacific.
UCPB also welcomed Department of Finance (DOF) Assistant Secretary Danielle Marie Rieza-Culangen as the alternate representative of DOF Undersecretary Karen G. Singson of the UCPB Advisory Council.
Associates and clients who are interested to know more about the new members of the Board may read their profiles at UCPB’s official website, www.ucpb.com/about/.
Date published: January 6, 2022