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HANS T. SYChairmanNon-executive Director
Hans T. Sy, 65, Filipino, is the Chairman of the Board since May 5, 2011. He became a member of the China Bank Board on May 21, 1986, and was elected Vice Chairman in 1989. He also serves as Director and Chairman of the Executive Committee of SM Prime Holdings, Inc. (SMPH) and Adviser to the Board of SM Investments Corporation (SMIC). Both SMPH and SMIC are listed on the Philippine Stock Exchange (PSE). He is also the Chairman of the Board of Trustees of National University. He holds other key positions in several companies within the SM Group. Chairman Sy graduated from De la Salle University with a Bachelor of Science degree in Mechanical Engineering. He attends and participates in various trainings and seminars, the latest of which was on Anti-Money Laundering (AML) in 2019 and corporate governance conducted by the Institute of Corporate Directors (ICD) in 2020.
GILBERT U. DEEVice ChairmanExecutive Director
Gilbert U. Dee, 85, Filipino, is the Vice Chairman of the Board since May 5, 2011. He has been a member of the China Bank Board since March 6, 1969, serving as Board Chairman from 1989 to 2011. He currently sits on the boards of other companies not listed in the PSE, namely, as Chairman of Union Motor Corporation and China Bank subsidiary CBC Properties and Computer Center, Inc. (CBC-PCCI). He previously served as director of Philippine Pacific Capital Corporation, Philex Mining Corporation, CBC Finance Corporation, and Super Industrial Corporation. Vice Chairman Dee holds a Bachelor of Science degree in Banking from the De La Salle University and a Master’s in Business Administration (MBA) degree in Finance from the University of Southern California. Among the numerous trainings in banking he has attended over the years includes ICD’s Advanced Corporate Governance Training in 2020.
WILLIAM C. WHANGPresidentExecutive Director
William C. Whang, 62, Filipino, is Director and President of the Bank since November 1, 2017. Aside from China Bank, he does not hold any directorship position in any other PSE-listed company. He also sits on the boards of Bank subsidiaries China Bank Savings, Inc. (CBSI), China Bank Insurance Brokers, Inc. (CBC-IBI), CBC-PCCI, China Bank Capital Corporation (CBCC), and China Bank Securities Corporation (CBSC). He also holds other directorship positions, representing China Bank in BancNet, Inc., Banker’s Association of the Philippines, Philippine Payments Management Inc., and Manulife China Bank Life Assurance Corporation (MCBLife). He has over 40 years of banking experience, previously holding key positions in local and international financial institutions, including Sterling Bank of Asia, Security Bank Corporation, Union Bank of the Philippines, International Exchange Bank, First Philippine International Bank, Metrobank, Westmont Bank, and Republic Bank of New York. Director and President Whang earned his Bachelor of Science degree in Commerce, Major in Business Management, from the De La Salle University. He underwent various trainings in banking and other related fields such as corporate governance, AML, branch-based marketing, quality service management, sales management, principle-centered leadership, and corporate strategy.
PETER S. DEENon-executive Director
Peter S. Dee, 79, Filipino, has been on the China Bank Board since April 14, 1977, serving as President and Chief Executive Officer from 1985 to 2014. He is an independent director in PSE-listed companies City & Land Developers, Inc. and Cityland Development Corporation. He is also a member of the boards of other non-listed companies including China Bank subsidiary CBC-PCCI, Hydee Management & Resources Corporation, Commonwealth Foods, Inc., and GDSK Development Corporation. He was previously a director of Sinclair (Phils.) Inc., Can Lacquer, Inc., CBC Forex Corporation, and CBC-IBI. Director Dee obtained a Bachelor of Science degree, Major in Commerce, from the De La Salle University/University of the East, and attended a Special Banking Course at the American Institute of Banking. He attended extensive trainings in AML in 2019 and corporate governance in 2020, among others.
JOAQUIN T. DEENon-executive Director
Joaquin T. Dee, 85, Filipino, is a member of the China Bank Board since May 10, 1984. He also currently serves as director in non-listed companies JJACCIS Development Corporation, Enterprise Realty Corporation, and Suntree Holdings Corporation. He does not hold directorship in any PSE-listed company other than China Bank. He was Vice President for Sales and Administration of Wellington Flour Mills from 1964 to 1995. Director Dee is a graduate of the Letran College with a Bachelor of Science degree in Commerce. He attended trainings and seminars related to banking, the most recent of which are the Corporate Governance and AML Trainings conducted by the ICD in 2020 and 2019.
HERBERT T. SYNon-executive Director
Herbert T. Sy, 64, Filipino, was first elected to the China Bank Board on January 7, 1993. He also serves in PSE-listed SM Prime Holdings, Inc. as Director, and in various non-listed companies including Supervalue, Inc., Super Shopping Market, Inc., Sondrik, Inc., and Sanford Marketing Corp. as Chairman, and in the National University as Director. He has been involved in companies engaged in food retailing, investment, real estate development, and mall operations. Director Sy obtained his Bachelor of Science degree in Management from the De La Salle University. His numerous banking-related trainings include those on AML in 2019 and corporate governance in 2020.
HARLEY T. SYNon-executive Director
Harley T. Sy, 61, Filipino, has been a member of the China Bank Board since May 24, 2001. He also serves as the Executive Director of SMIC, one of the largest publicly-listed companies in the Philippines, and holds various positions in other nonlisted companies in the SM group. Director Sy graduated with a Bachelor of Science degree in Commerce, Major in Finance, from the De La Salle University. He participated in extensive trainings on enhancing his banking skills, including programs on enterprise risk management, AML, corporate governance, and data privacy.
JOSE T. SIONon-executive Director
Jose T. Sio, 81, Filipino, was first elected to the China Bank Board on November 7, 2007. He is presently on the boards of the following PSE-listed companies: SMIC, as Chairman of the Board; Atlas Consolidated Mining and Development Corporation, as Director; Belle Corporation, as Director; and Far Eastern University, Inc., as Independent Trustee. He also serves as Advisor to the Board of other PSE- listed companies: BDO Unibank, Inc. and Premium Leisure Corporation. In addition, Mr. Sio is on the boards of non-listed companies such as NLEX Corporation, Ortigas Land Corporation, Carmen Copper Corporation and First Asia Realty Development Corporation. He is Chairman, President and Trustee of SM Foundation, Inc. He previously worked as Senior Partner of SyCip Gorres Velayo & Co. (SGV). He was voted as CFO of the Year in 2009 by the Financial Executives of the Philippines (FINEX); and in various years, he was awarded as Best CFO (Philippines) by Hong Kong-based business publications such as Alpha Southeast Asia, Corporate Governance Asia, Finance Asia, and The Asset. Director Sio is a Certified Public Accountant. He holds a Bachelor of Science degree in Commerce, Major in Accounting, from the University of San Agustin. He obtained his Master’s degree in Business Administration from the New York University, U.S.A. He has attended numerous seminars/ trainings on investments, loans and financial instruments, debt and equity financing, including the Euromoney Conference in China in 2005, AML in 2019 and Advanced Corporate Governance Training in 2020.
MARGARITA L. SAN JUANLead Independent Director
Margarita L. San Juan, 67, Filipino, was first elected to the China Bank Board on May 4, 2017 as independent director. She is likewise an Independent Director in Bank subsidiaries CBSI, CBCC, and CBC-IBI. She does not hold directorship position in any other PSE-listed company. In the past, she worked with Ayala Investment and Development Corporation, Commercial Bank and Trust Co., and in the Bank’s Account Management Group as Senior Vice President and Group Head until her retirement in 2012. Director San Juan earned her Bachelor of Science degree in Business Administration, Major in Financial Management, from the University of the Philippines, and completed the Advance Bank Management Program of the Asian Institute of Management (AIM). She participated in various seminars and trainings including development financing, international banking operations, marketing, financial analysis and control, credit and risk management, and the latest on AML and corporate governance in 2020.
PHILIP S.L. TSAIIndependent Director
Philip S.L. Tsai, 70, Filipino, was first elected as Independent Director on November 7, 2018. Aside from the Bank, he does not hold any position in other PSE-listed companies. He also serves as Independent Director in the Bank subsidiaries CBSI, CBCC, CBC-IBI. He has had more than 35 years of banking experience, previously holding key positions in First CBC Capital (Asia) Limited, Midwest Medical Management, Fortune Paper Inc., Chemical Bank New York, Consolidated Can Corp., Plastic Container Packaging, and in the Bank’s Retail Banking Business until his retirement in 2015. Director Tsai obtained his Bachelor of Science degree in Business Administration from the University of the Philippines, and pursued his Master’s degree in Business Administration from the Roosevelt University in Chicago, Illinois. He has had several trainings on corporate governance, bank protection, AML, and branch-based marketing, among others. His latest trainings include relatedparty transactions in 2019, and sustainability in the board room and risk management in the age of COVID-19 in 2020.
CLAIRE ANN T. YAPIndependent Director
Claire Ann T. Yap, 65, Filipino, has been a member of the Board since October 1, 2020 as Independent Director. She currently does not hold any directorship position in any PSElisted company but she serves as Independent Director in the Bank subsidiaries CBSI and CBSC. She has over 30 years of experience in banking and finance in local and multinational organizations. She was the Senior Vice President and Head of Global Service Centre of Global Payments Process Centre, Inc., a Fortune 500 company and worldwide leader providing payments and financial technology solutions. She has also previously held executive leadership roles at Australia and New Zealand Banking Group Ltd./Metrobank Card Corporation and Hongkong Shanghai Banking Corporation and served as Chairman of the Credit Card Association of the Philippines from 2009 to 2010 and President from 2007 to 2009. A Certified Public Accountant, Director Yap graduated cum laude from the De La Salle University with a Bachelor of Science degree in Accounting. She has had various trainings on managing customer experience, credit card fraud and security, information security and data privacy, and corporate governance.
GENARO V. LAPEZIndependent Director
Genaro V. Lapez, 63, Filipino, is a seasoned strategic and tactical thinker with extensive local and international experience in banking and consumer marketing. He was most recently a Senior Advisor at Union Bank of the Philippines where he also previously served as Executive Vice President and Head of Center for Strategic Partnerships and Head of Consumer Finance. In the past, he held various senior leadership positions at Royal Numico, Coca-Cola Bottlers Phils. Inc., San Miguel Corporation, Nabisco, and Time Life./Time-Warner Inc. He earned his Bachelor of Science degree in Management Engineering from the Ateneo de Manila University. He has attended various seminars and training programs, including the University of Michigan’s Strategic Marketing certificate program, John Clements and Harvard Business School’s Retail Banking Future seminar, The Asian Banker’s Global Consumer Banking seminar, and the Instititute of Corporate Directors’ Corporate Governance workshop.
RICARDO R. CHUAAdvisor to the Board
Ricardo R. Chua, 69, Filipino, is Advisor to the Board since November 1, 2017. He previously held several key positions in the Bank: as Director from 2008 up to October 2017, President and Chief Executive Officer from September 2014 up to October 2017, and Chief Operating Officer from 2012 to 2014. He is the Advisor of the Bank’s Technology Steering Committee, and sits in the boards of the following Bank subsidiaries: Chairman of CBSI and CBCC and Director of CBC-PCCI. A Certified Public Accountant, Mr. Chua graduated with a Bachelor of Science degree in Business Administration, Major in Accounting, cum laude, from the University of the East, and completed his Master’s in Business Management (MBM) from the AIM. He has had trainings in banking operations and corporate directorship, and attended AML and corporate governance seminars, among others.
CORAZON I. MORANDOCorporate Secretary
Ms. Morando, Filipino, serves as Vice President and Corporate Secretary of China Bank and as Consultant on Legal and Corporate Affairs of the SM Group. She was a former Director of the Corporate Legal Department of the Securities and Exchange Commission of the Philippines. She was named “Asian Company Secretary of the Year” by Corporate Governance Asia for her vital role in promoting and upholding corporate governance in the Bank. She earned her Bachelor of Laws degree from the University of the Philippines, and obtained her graduate studies under the MBA-Senior Executive Program from the Ateneo de Manila University.