Bancnet elects new directors, officers

THE shareholders of electronic banking consortium Bancnet Inc. elected the company’s directors and officers during their annual stockholders’ meeting held last April 16. The new directors for the term 2021 to 2022 are: Henry Bremridge, Ceo of Savings Bank (Philippines) Inc.; manish Chawla, director and operations and Technology Head of Citibank N.A. (Philippines branch); renato A. Claravall, president and Coo of Philippine Veterans Bank; Fabian S. dee, president of metropolitan Bank and Trust Co.; emmanuel G. Herbosa, president and Ceo of development Bank of the Philippines; Jaime C. Laya, president of Philippine Trust Co.; Jose Teodoro K. Limcaoco, president and Ceo of Bank of the Philippine Islands; John Howard d. medina, Coo of Philippine Bank of Communications; Jose Arnulfo A. Veloso, president and Ceo of Philippine National Bank; and, Sanjiv Vohra, president and Ceo of Security Bank Corp. re-elected were eugene S. Acevedo, president and Ceo of rizal Commercial Banking Corp.; edwin r. Bautista, president and Ceo of Union Bank of the Philippines; Cecillia C. Borromeo, president and Ceo of Land Bank of the Philippines; Nestor V. Tan, president and Ceo of Bdo Unibank Inc.; and, William C. Whang, president of China Banking Corp. during the Board’s organizational meeting that followed, the members re-elected Tan as chairman and elected dee as new president to succeed Cezar P. Consing, who has retired after serving three terms, and Veloso as Treasurer.