General Announcement::Changes in the Board of Directors of Bank of the Philippine Islands

Issuer & Securities

Issuer/ Manager
BANK OF THE PHILIPPINE ISLANDS
Securities
BANKOFPHILIS US$600M4.25%N2309 - XS1841618421 - FNDB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
20-May-2021 16:21:06
Status
New
Announcement Sub Title
Changes in the Board of Directors of Bank of the Philippine Islands
Announcement Reference
SG210520OTHR5W5W
Submitted By (Co./ Ind. Name)
Maria Ramona O. Ang
Designation
Investor Relations Officer
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of the Bank of the Philippine Islands at its meeting held on 19 May 2021 approved the following: (1) Resignation of Ms. Mercedita S. Nolledo from the Board of BPI; (2) Election of Ms. Janet Guat Har Ang as Independent Director subject to the confirmation/approval of the Monetary Board of the Bangko Sentral ng Pilipinas; and (3) Appointment of Mr. Aurelio R. Montinola III as Chairman of the Retirement and Pension Committee.

The Board also noted (1) the appointment of Ms. Mercedita S. Nolledo to the Advisory Council, and (2) the reclassification of Mr. Octavio V. Espiritu and Mr. Antonio Jose U. Periquet from Independent Directors to Non-Executive Directors.

The ff. regulators have also been duly informed of the same:
1. Philippine Stock Exchange (PSE)
https://edge.pse.com.ph/openDiscViewer.do?edge_no=838ea091eceb02535d542af6f1e997b9
2. Philippine Dealing and Exchange Corporation (PDEx)

Attachments

Memo_Changes in Directors.pdf
Total size =449K