MANILA, Philippines—Bank of the Philippine Islands (BPI) has named Ayala group’s homegrown corporate, consumer and investment banking veteran, Jose Teodoro “TG” Limcaoco, as its new president and chief executive officer effective April 22, 2021.
The 58-year-old Limcaoco, currently chief financial officer of parent conglomerate, Ayala Corp., will succeed Cezar “Bong” Consing who had reached retirement age in 2019 but agreed to extend his term to ensure a smooth leadership transition.
“TG is an excellent choice to lead BPI,” Consing, 61, said in a press statement on Wednesday (Dec. 16).
“Prior to his many roles in Ayala, he headed the bank’s investment banking business, and late…
Keep on reading: BPI names Limcaoco as new president, CEO