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BPI chief exec to retire in April 2021; successor named

BPI chief exec to retire in April 2021; successor named
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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. ....

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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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