Malayan Banking names De Guzman as director

Renato “Bing” T. de Guzman was recently appointed as Independent and Non-Executive Director of the Main Board of Malayan Banking Berhad (Maybank) effective October 2, 2017. Maybank, through its subsidiaries, provides commercial banking and related financial services for individuals, retail, corporate, and institutional clients in Malaysia, Singapore, Indonesia, and internationally. Maybank Philippines, Inc. is its corporate vehicle in the Philippines.

De Guzman is an accomplished banker with more than 38 years of banking experience, and was instrumental in growing the private banking business in Asia. He was appointed the Chief Executive Officer (CEO) of ING Asia Private Bank (IAPB) in 2000 and CEO, Bank of Singapore (BOS) in 2010. He was subsequently appointed as the Senior Advisor of BOS in February 2015.

Under his stewardship, Bank of Singapore has consistently received industry accolades, most notably Outstanding Private Bank in Southeast Asia 2014 by Private Banker International and Best Private Bank in Singapore from Asia Private Banker for four consecutive years from 2011. Mr. De Guzman also received personal recognition from Private Banker International which awarded him Outstanding Private Banker of 2015, Asia Pacific. Besides that, Asian Private Banker named him “Private Banker of the Year 2014,” During his tenure at IAPB, he was also a recipient of the ING Leadership Award in 2003 for successfully managing the turnaround of IAPB’s business in Asia.

His many career highlights also include being the Chairman of the Government Service Insurance System (GSIS) until 2016. He serves as an Independent Director of JG Summit Holdings, Inc.

Mr. De Guzman graduated with an MBA with Distinction from KatholiekeUnversiteit in Leuven, Belgium. He also has a Masters in Management from McGill University in Canada and a Bachelor of Science in Management Engineering from the Ateneo de Manila University.