UnionBank appoints Ana Maria Aboitiz-Delgado as new president, CEO

Manila, Philippines — Aboitiz-led Union Bank of the Philippines has appointed Ana Maria Aboitiz-Delgado as its new president and CEO effective next year.

In a stock exchange filing, UnionBank announced that Delgado, a fifth generation heir of the Aboitiz family, would succeed Edwin R. Bautista by Jan. 1.

READ: UnionBank eyes P10B from rights offer

“We are looking forward to taking UnionBank to greater heights with Ana at the helm,” said Erramon Aboitiz, UnionBank chair.

Delgado, who first joined the bank in 2003 as a management trainee, currently heads UnionBank’s institutional banking business, as well as customer experience and digital channels.