China Bank names Ricardo Chua president

Photo from www.chinabank.ph

MANILA, Philippines—China Banking Corp. has named Ricardo Chua its president and chief executive officer effective September 1.

Chua, 61, who will succeed the retiring Peter Dee, was previously senior executive vice president and chief operating officer of China Bank, a post he held since 1995.

Dee, 72, is retiring on Aug. 31 as president and chief executive of China Banking Corp. after a tenure of 29 years.

A certified public accountant, Chua graduated cum laude from the University of the East and holds a master’s degree in business management from the Asian Institute of Management.

Chua was the director and treasurer of CBC Venture Capital Corp. from 1989 to 2003, and director of the Philippine Clearing House Corp. from 2005 to 2011.

He is currently the chairman of the board of China Bank Savings; vice chairman of Bancnet, Inc. and Plantersbank.