Philippine Business Bank, Inc. Announces Management Changes, Effective March 1, 2022
February 17, 2022 at 06:08 pm EST
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Philippine Business Bank, Inc. announced appointment of Cynthia A. Almirez as SVP/Controller, Head of Operations and Control Group and Rolando G. Alvendia from VP, Officer-In-Charge Operations and Control Group to VP, Chief Accountant &
General Accounting Center Head, effective date of change is on March 1, 2022. Apart from Ms. Almirez's service at UCPB, she also had stints with GE Money Bank, Phils
as Internal Audit Manager (2006-2008), Majid Futtaim Group (MAF Group), a retail group based
in Dubai with operations in the Middle East, and as an Internal Audit Manager (2008-2010).
Philippine Business Bank, Inc. (the Bank) is a Philippines-based savings bank. The Bank provides close to a full range of banking services and products, including cash management, retail and corporate lending, deposit products, international trade finance, treasury, and trust products. The Bank operates through three segments: Consumer Banking, Corporate Banking, and Treasury Operations. The Consumer Banking segment includes auto financing, home financing, and salary or personal loans. The Corporate Banking segment includes term loans, working capital credit lines, bills purchase and discounting lines. The Treasury Operations segment manages liquidity of the Bank. It offers advisory services, bills payment/collection services, group payroll services, local payment orders, mail and telegraphic transfers, night depository box, gold sale, and safety deposit box facilities. It also offers personal management trust, safekeeping, and trustee of pre-need plans services.
PHILIPPINE BUSINESS BANK, INC. 
