The Board of Bank of the Philippine Islands approved the appointment of Ms. Janet Guat Har Ang as Interim Chairman of the Risk Management Committee (RMC) for the remainder of the current board term 2022-2023 replacing Mr. Octavio Victor R. Espiritu. The Board likewise approved the update of the composition of RMC from the current five (5), to three (3), board members, composed of Independent Director Janet Guat Har Ang, Independent Director Cesar V. Purisima and Non-Executive Director Octavio Victor R. Espiritu. The Board also noted the appointment of Mr. Lance Y. Gokongwei to the Advisory Council.