First Metro appoints new president

First Metro Investment Corporation, the investment banking arm of the Metrobank Group, has announced the appointment of Jose Patricio Dumlao as its new president and director.

Dumlao is a highly experienced and successful investment and commercial banker. Prior to joining First Metro in January this year as executive vice president, he was the country manager of BNP Paribas Manila Offshore Branch.

He also served as president and head of Fixed Income and Equity Sales of BNP Paribas Investment Philippines, Inc.; president and head of Investment Banking, Paribas Asia Equity Philippines, Inc.; chief operating officer and head of Equity Sales, Philippines Asia Equity

Securities, Inc.; and head of Institutional Sales for the Philippines, Asia Equity UK Ltd. Earlier in his career, he worked as an investment banking officer at ANSCOR Capital and Investment Corporation and later on became head of Investment Banking at Corporate Investment Philippines, Inc.

Dumlao holds a BS Management Engineering degree from the Ateneo de Manila University.

First Metro chairman Francisco Sebastian said, “We are delighted to welcome Pat Dumlao at First Metro. Pat’s vast experience and wealth of knowledge in investment banking and the financial markets, in both the domestic and regional fronts, would be most useful in this challenging but interesting business environment. We are confident that he is the right fit to lead First Metro as we continue to fulfill our mission as a prime mover of capital, while pursuing a new level of growth and development for the company.”