Al­fred Ca­ban­gon elected chair­man of the board of Citys­tate Sav­ings Bank; Su­san Be­len, di­rec­tor

Business Mirror - - BANKING&FINANCE -

D. AL­FRED A. CA­BAN­GON was elected new chair­man of the board of di­rec­tors of Citys­tate Sav­ings Bank at the bank’s an­nual stock­hold­ers’ meet­ing on May 31 at Citys­tate Cen­tre Build­ing, Shaw Boule­vard, Pasig City. Also named new di­rec­tor of the bank was Su­san M. Be­len.

Ca­ban­gon was the bank’s pres­i­dent from 2005 to 2011. He also sits on the board of the bank’s sister com­pa­nies un­der the For­tune In­surance Group, in­clud­ing For­tune Life In­surance Co.

Be­len, on the other hand, had an in­ten­sive and com­pre­hen­sive bank­ing back­ground for 31 years. She started her bank­ing ca­reer in Al­lied Bank Corp. (ABC) from May 1979 and rose to var­i­ous po­si­tions un­til April 1986.

She later held ex­ec­u­tive po­si­tions at Se­cu­rity Bank Corp. (SBC) from Novem­ber 1989 to December 2010. She re­tired at SBC as vice pres­i­dent, han­dling Cen­tral Metro Area with 30 to 40 branches with a num­ber of achieve­ments, such as con­ver­sion of Area Top 3 gen­er­at­ing- in­come branches record- ing con­sis­tent three-year be­low- av­er­age au­dit rat­ing to above- standard rat­ing in a span of one year turn­around, among others.

Be­len is af­fil­i­ated with the Philip­pine Cham­ber of Com­merce and In­dus­try (PCCI)-NCR and Pasig as trustee and pres­i­dent, re­spec­tively, from 2015 up to the present. She also serves as board of di­rec­tor in Pasig Cham­ber of Com­merce from 2010 to present.

Her other af­fil­i­a­tions in­clude PCCI Pasig City Inc. TVET K-12, where she is cur­rently the com­mit­tee chair­man; Man­daluy­ong Cham­ber of Com­merce, where she was a board of di­rec­tor/trea­surer from 1999 to 2010; Philip­pine Coast Guard Aux­il­liary, where she was a com­man­der in rank; Malate/ Er­mita Busi­ness­men As­so­ci­a­tion, where she was a mem­ber.

Dur­ing the stock­hold­ers’ meet­ing, Ca­ban­gon asked for a minute of silent prayer for his fa­ther, the late Am­bas­sador Antonio L. Ca­ban­gon Chua, founder of Citys­tate Sav­ings Bank.



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