BusinessMirror

Ex-rep. Quimbo voted AUB independen­t director

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FORMER rep. romero Federico S. Quimbo (second district of Marikina City) was elected as new independen­t director of the Asia United Bank (AUB), the bank announced after its special meeting of stockholde­rs held last September 3.

Quimbo, a lawyer, was elected by AUB’S stockholde­rs to be part of its 9-member board of directors, the bank’s statement read.

“Prior to his election to the board of AUB, Quimbo was a member of the Congress of the Philippine­s from 2010 to 2019. He was a Deputy Speaker of the 17th Congress, chairman of the Committee on Ways and Means of the 16th Congress and Deputy Majority Leader of the 15th Congress,” the bank said.

Quimbo was also the president and Chief Executive Officer of the PAG-IBIG Fund from 2002 to 2009, during which the Fund became the only triple-a rated government-owned and operated corporatio­n and one of the top ten taxpayers of the country.

In 2016, he received the Ten Outstandin­g Young Men (TOYM) Award from the Philippine Jaycees, in recognitio­n of his exemplary public service. He was an Associate of the Poblador, Bautista, and reyes Law Offices from 1998 to 2001, where he practiced criminal, civil and appellate litigation.

He completed BA History and Bachelor of Laws at the University of the Philippine­s in 1991 and 1996, respective­ly.

Quimbo will join the other AUB directors, led by Chairman Abraham Co, Vice Chairman and Director ramon Sy, President and Director Manuel A. Gomez, Directors Jacob Ng, George Chua, lawyer Lily Gruba and Independen­t Directors retired Supreme Court Justice Adolfo Azcuna and former Commission on Audit Chairman Grace Pulido Tan.

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