Philippines — The Board of Directors of Union Bank of the Philippines has approved and confirmed the largest number of executive promotions ever done by the Bank with a total of 74 executive officers. Leading the newly-promoted executive officers is fifth-generation business leader Ana Aboitiz-Delgado, from executive vice president to senior executive vice president effective June 1, 2022.
Additionally, she was key in the seamless signing of the game-changing deal between Citi and UnionBank last December 2021 and is now at the forefront of the ongoing integration of both banks.
The Board likewise approved and confirmed the extension of Edwin R. Bautista as the president and CEOofUnionBank until December 31, 2025. Bautista was appointed as the Bank’s president in 2016 and CEO in 2018. Bautista was responsible for starting the Bank’s digital transformation six years ago and has successfully put UnionBank’s name on the global digital map. Bautista was the driving force behind the acquisition of the consumer banking business of American banking giant Citi in the Philippines.