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Ayala CFO to take helm at BPI in 2021


December 17, 2020 | 12:04 am
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Ayala Corp.’s Chief Finance Office Jose Teodoro “TG” K. Limcaoco is next in line to lead the conglomerate’s banking arm Bank of the Philippine Islands (BPI) next year.
He will succeed incumbent BPI President and Chief Executive Officer (CEO) Cezar P. Consing effective April 22 following their annual stockholders meeting, the lender said in a statement on Wednesday.
Mr. Limcaoco has been a board director at BPI since February 2019 and has also been part of its Executive Committee since April 2019.
Mr. Limcaoco was an executive vice-president at BPI prior to his current role at Ayala. He was also president of BPI Capital Corp. from 2007 to 2010 and BPI Family Savings Bank from 2010 to 2015. ....

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