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MANILA, Philippines – Lucio Co-led Philippine Bank of Communications (PBCOM) has named former Security Bank executive John Cary L. Ong as its next president and chief executive officer, marking a leadership transition after more than a decade under incumbent chief Patricia May T. Siy.
In a disclosure on Wednesday, PBCOM said Ong was appointed president and CEO-designate by its board and will formally assume the post after completing a minimum three-month transition period and securing the necessary regulatory approvals.
READ: Lucio Co’s PBCOM achieves universal bank status
Until then, Siy will continue to head the bank before moving to its board.
