Alfonso L. Salcedo

63, was elected Director on April 18, 2015. He was the President and Chief Executive Officer of the Bank (from April 28, 2015 to June 30, 2019). He is the Chairman of the Executive Committee. He is also a member of the Trust, Restructuring and Risk Oversight Committees.

He is the Chairman of SB Finance Company, Inc. (since May 2015). He is a Director and Vice Chairman of SB Capital Investment Corporation (since May 2015). He is also a Director of SB Cards Corporation (since May 2015), SB Rental Corporation (since May 2015) and SB Equities, Inc. (since August 2016). He is a Trustee of Security Bank Foundation (since April 2015). He is a Director of the Bankers Association of the Philippines (since October 2015).

Prior to joining the Bank, he was a former executive of the Bank of the Philippine Islands (from 2000 to March 2015), with his last position as Executive Vice President in charge of the Corporate Clients Segment. He served as President of BPI Family Savings Bank (from 2004 to 2010), BPI Insurance Group (from 2000 to 2004) and Allstate Life Insurance (Philippines) in 1999. He served in the retail banking operations of Citibank Philippines as Country Marketing Director and Retail Bank Business Manager for 10 years before joining BPI. He served as Marketing Director for Nippon Vicks KK (Japan) based in Osaka for 5 years (from 1983-1987). He was a member of the Boards of BPI’s subsidiaries and affiliates, specifically: BPI Capital Corporation, BPI Direct Savings Bank, BPI-Philam Life Assurance Corporation, BPI Rental Corporation, BPI Leasing Corporation and Ayala Automotive Holdings Corporation. He received his AB Economics Honors degree (with honors) from Ateneo de Manila University in 1977 and completed the Advanced Management Program at Harvard Business School in 2006.