PBCom elects new unbiased director

The Philippine Star

August 29, 2025 | 12:00am

MANILA, Philippines — The Philippine Financial institution of Communication has appointed Jose Marin Chan Jr. as its new unbiased director to serve the unexpired time period of former director Paolo Benigno Aquino IV, efficient yesterday.

In a disclosure to the native bourse, the financial institution mentioned that its board of administrators unanimously elected Chan at an everyday assembly held on Thursday.

Chan has devoted over 4 a long time to the banking and finance business. He at present serves as director of the Philippine Business Capital Inc. and as an unbiased director of Orix Metro Leasing Corp.

He additionally served as company account officer at Bancom Improvement Corp., one of many nation’s main funding banks and monetary establishments within the Eighties.

“All through his profession, Chan has held a number of key management positions and spearheaded main initiatives which have considerably contributed to the expansion of the Philippine monetary sector,” PBCom mentioned.

He was the joint lead arranger and underwriter for landmark initiatives similar to Luzon Hydro, Ogden MCI, PEA Proper of Manner in addition to the Outdated Bilibid Compound.

Furthermore, he served as a monetary advisor for the Bulacan Biomass Venture and the Camanava Waste-to-Vitality Venture, whereas persevering with to offer advisory providers to international corporations similar to Ogden, El Paso and different multinational firms.

Chan earned his bachelor’s diploma in enterprise economics from the College of the Philippines, the place he graduated cum laude, and later pursued additional research in enterprise administration.

PBCom booked a 11.9-percent lower in its revenue to P906.5 million within the first half from P1.03 billion a 12 months earlier as larger working revenue was offset by internet buying and selling losses.

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