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  • Board of Directors

Board of Directors

Francisco C. Sebastian

Chairman

66, Filipino

 

Mr. Sebastian is concurrently the vice chairman of Metropolitan Bank & Trust Company and GT Capital Holdings, Inc.

He joined the Metrobank Group in 1997 as president of First Metro, a position he held for 13 years until 2011 when he became chairman.

Mr. Sebastian joined Ayala Investment and Development Corporation in 1975 and was seconded in Hong Kong where he worked as an investment banker in Ayala International Finance Limited and then Filinvest Finance (HK) Ltd. until 1984. He then started his own corporate and financial advisory firm based in Hong Kong, Integrated Financial Services Ltd., which he managed for 20 years until he returned to the Philippines to join the Metrobank Group in 1997.

Mr. Sebastian graduated Magna Cum Laude with an AB degree in Economics Honors from the Ateneo de Manila University in 1975.

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Mylene A. Caparas

Vice Chairman

56, Filipino

 

Ms. Caparas holds the position of executive vice president – Institutional Banking Sector of Metropolitan Bank & Trust Company.

 

Prior to joining Metrobank, she was the managing director, regional head of Client Delivery, Treasury & Trade Solutions of Citibank N.A, Hong Kong Branch from May 2013 to March 2014. She also served as managing director, country head of Citi Transaction Services of Citibank N.A, Manila Branch from March 2011 to May 2013.

 

She also held several positions at Deutsche Bank AG, Manila Branch, director, head of Corporate Banking Coverage and Global Transaction Banking from September 2006 to March 2011; vice President, head of Corporate Banking Coverage from July 2003 to August 2006; vice president, senior relationship manager, Large Local Corporates from June 2001 to June 2003; vice president, senior relationship manager, Multinational Corporates Group from January 1998 to May 2001; assistant vice president, relationship manager, Multinational Corporates Group from January 1996 to December 1997.

She worked at the Credit Lyonnais of Manila Offshore Banking Unit from August to November 1995. She joined the following companies: Citytrust Banking Corporation from June 1990 to June 1995; Union Bank of the Philippines from October 1986 to June 1990; Philippine Commercial International Bank from January to July 1996; and Insular Bank Of Asia And America from September 1984 to December 1985.

 

Ms. Caparas holds a degree in Business Management, Honors Program from the Ateneo de Manila University. She graduated honorable mention.

 

 

 

 

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Jose Patricio A. Dumlao

President & Director

58, Filipino

 

Mr. Dumlao is an experienced investment and commercial banker. Prior to joining First Metro, he was the country manager and head of Global Markets of BNP Paribas Manila Offshore Branch, where he worked for the last 8 years. Under BNP Paribas Investment Philippines, Inc., he was the president and head of Fixed Income and Equity Sales from 2000 to 2011.

 

Mr. Dumlao was the president and head of Investment Banking in Paribas Asia Equity Philippines, Inc. from 1997 to 2000. From 1995 to 1997, he was former Head of Institutional Sales for the Philippines for Asia Equity UK Ltd. and also the Chief Operating Officer and Head of Equity Sales of Philippines Asia Equity Securities, Inc.

 

His investment banking career started in Anscor Capital and Investment Corporation from 1983 to 1990. After which, he headed the Investment Banking Group of Corporate Investment Philippines, Inc. from 1990 to 1995.

 

He graduated BS Management Engineering from the Ateneo de Manila University in 1983.

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Ismael G. Cruz

Director

75, Filipino

 

Mr. Cruz has over 30 years of experience in investment banking in the Philippines and in other parts of Asia. He spent 17 years of his career in Hong Kong where he became chief executive of three regional merchant banking organizations: Ayala International Finance Ltd., Filinvest Finance (HK) Ltd., and Elders Finance Group of Australia. He served as governor of the Philippine Stock Exchange and the Makati Stock Exchange for several years. He was also governor of the Subdivision and Housing Developers Association.

Currently, he is the president of the Philippine Association of Securities Brokers and Dealers, Inc.; governor of the Market Governance Board of the Philippine Dealing System, Inc. and the Makati Commercial Estate Association, Inc.; trustee of the Securities Investor Protection Fund, Inc.; an independent director of Penta Capital Investment Corp.; the founder and president of IGC Securities, Inc.; and the chairman and president of Carmen Homes, Inc. Mr. Cruz is also a member of the Capital Markets Council of the Philippines.

He holds a BS Economics degree and completed academic requirements for a Master in Business Management degree from the Ateneo de Manila University. In 1981, he was named one of the Ten Outstanding Young Men of the Philippines in the field of International Finance.

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Martin Q. Dy Buncio

Director

56, Filipino

 

Mr. Dy Buncio has served as a director since 1995 and brings with him over 24 years of experience in interdisciplinary management.

Currently, he is the chairman of the Board of Pro-Oil Corp. and Pro-Auto Parts. He is also the president of Proline Sports Center, Inc.; HJ Marketing, Design Products Manufacturing; Proline II Mercantile; DYBCOM CORP.; and Integra Development Corp. He likewise serves as president/director of Banam Global Holdings Corp.

He holds a Bachelor of Arts degree from De La Salle University.

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Joshua E. Naing

Director

59, Filipino

 

Mr. Naing is a seasoned banker with over 30 years of experience. He started his career with the Bangko Sentral ng Pilipinas until he joined the Metrobank Group in 1989 as OIC. For 11 years since 2002, he served as controller. He also held several directorship positions in the following companies: Global Business Power Corporation; Cebu Energy Development Corporation; Metrobank Technology, Inc.; Data Serve, Inc.; Philippine AXA Life Insurance Corporation; Multi Currency FX Corporation; Toyota Manila Bay; Metro Remittance (Spain), S.A.; Metro Remittance (Italia), S.p.A.; MBTC Remittance GmbH (Vienna); Metro Remittance Center, Inc. (USA); and MB Remittance Center (Hawaii), Ltd.

From 2013 to the present he has been the head of the Financial Control Sector of Metrobank. Concurrent to his position as senior executive vice president of the Bank, he also serves as director of Manila Medical Services , Inc. since April 2018 and Metro Remittance (Hong Kong) Limited since 2009.

Mr. Naing earned his BSC Accountancy degree from the Polytechnic University of the Philippines.

 

 

 

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Rufino Luis T. Manotok

Independent Director

69, Filipino

 

 

Mr. Manotok held several key positions at Ayala Corporation: senior managing director, chief financial officer, chief information officer, and head of Strategic Planning Group. He was also a member of the Senior Management Committee of the Ayala Group of Companies. He also served as the chairman and president of Ayala Automotive Holdings Corp., Honda Cars Makati, Inc., Isuzu Automotive Dealership, Inc., Isuzu Iloilo Corporation, and Prime Initiatives, Inc.; president and treasurer of Mandaue Primeland, Inc.; president of Honda Cars Cebu, Inc.; chairman of Ayala Aviation Corporation; and director of Globe Telecom, BPI Family Bank, Ayala Systems Technology, Inc., AC International Finance Ltd., and AYC Holdings Limited.

Mr. Manotok finished his AB Economics degree from the Ateneo de Manila University and obtained his master’s degree in Business Management from the Asian Institute of Management. He also completed the Advanced Management Program of Harvard Business School.

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Raphael Perpetuo M. Lotilla

Independent Director

61, Filipino

 

Mr. Lotilla remains active in policy studies. He currently serves as a trustee of the Philippine Institute for Development Studies, and chairs the board of the Center for the Advancement of Trade Integration and Facilitation and of the Asia-Pacific Pathways to Progress Foundation.

Mr. Lotilla is an independent director of several private companies and foundations, and sits as a member of the advisory board of the Ateneo de Manila University Professional Schools.

He was Secretary of Energy of the Philippines from 2005 to 2007, having previously served as Deputy Director General of the National Economic and Development Authority, and president and CEO of the government-owned Power Sector Assets and Liabilities Management Corp.

He previously served as Regional Programme director of the Partnerships in Environmental Management for the Seas of East Asia, a regional project funded by the Global Environment Facility and implemented by the United Nations Development Programme.

Mr. Lotilla was a professor of Law at the University of the Philippines where he also obtained his law, psychology, and history undergraduate degrees. He received his Master of Laws from the University of Michigan.

 

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Francisco S. Magsajo, Jr.

Independent Director

 72, Filipino

 

Mr. Masajo is currently a member of the Board of Directors of Philippine Veterans Bank. He has over 48 years of professional experience.

 

He began his banking career at the Philippine National Bank where he held various positions for 28 years. He also served as independent director of Metrobank Credit Card Corporation from March 2016 to December 2019; president & CEO, vice chairman, member of the Board of Directors of Philippine Export-Import Credit Corporation from January 1, 2008 to 2014; chairman, Board of Directors, chairman, Executive Committee of RCBC Savings Bank from March 2007 to December 2007; president & chief operating officer, member, Board of Directors, member, Executive Committee of Rizal Commercial Banking Corporation from February 1, 2004 to March 31, 2007; president & chief executive officer, member, Board of Directors, member, Executive Committee of RCBC Savings Bank from February 1, 1999 to January 31, 2004; and banking consultant of Allied Banking Corporation from September,1998 to January 1999.

 

Mr. Magsajo finished his BSC Economics degree from the Lyceum of the Philippines. He also completed the Advance Bank Management at Wharton Business School, University of Pennsylvania.

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