BPI chief exec to retire in April 2021; successor named Share on email At their year-end meeting on Wednesday, Dec. 16, the board of directors of the Bank of the Philippine Islands approved the succession plan for Jose Teodoro “TG” Limcaoco to succeed Cezar “Bong” Consing as president and CEO effective April 22, 2021. Cezar “Bong” Consing The board also thanked Consing, 61, for consenting last year to extend his term as president and CEO in order to help ensure an effective transition and for his stewardship especially during this year’s crisis. Earlier this month, Consing, was elected board director of Ayala Corporation, BPI’s largest shareholder. After his term as president and CEO, he will remain a board director and executive committee member of BPI.