


First Metro dominates the
fixed income securities market
First Metro dominates the fixed income securities market
First Metro Investment Corporation was awarded its second consecutive Cesar E.A. Virata Award for Best Securities House (Investment House Category) by the Philippine Dealing System Holdings Corp. Group (PDS Group) in its 2023 PDS Annual Awards. The award, named after former Prime Minister and PDS Group Chairman Emeritus Cesar E.A. Virata, is a testament to the company’s dedication to the fixed-income securities business, evidenced by its exceptional performance in trading, distribution and settlement activities for the year.
Accepting the award during the awarding ceremony held recently, First Metro president Jose Patricio Dumlao said, “This second consecutive Cesar E.A. Virata award is especially meaningful as we celebrate our 60th anniversary this year. In the long history of First Metro, we have always found our humble achievements more meaningful and special in the robust fixed income market under the stewardship of the PDS Group. This recognition is a testament not only to our relentless efforts to be among the best in the industry, but also to our contribution to the development of the Philippine capital markets.”
First Metro Investment Corporation was awarded its second consecutive Cesar E.A. Virata Award for Best Securities House (Investment House Category) by the Philippine Dealing System Holdings Corp. Group (PDS Group) in its 2023 PDS Annual Awards. The award, named after former Prime Minister and PDS Group Chairman Emeritus Cesar E.A. Virata, is a testament to the company’s dedication to the fixed-income securities business, evidenced by its exceptional performance in trading, distribution and settlement activities for the year.
Accepting the award during the awarding ceremony held recently, First Metro president Jose Patricio Dumlao said, “This second consecutive Cesar E.A. Virata award is especially meaningful as we celebrate our 60th anniversary this year. In the long history of First Metro, we have always found our humble achievements more meaningful and special in the robust fixed income market under the stewardship of the PDS Group. This recognition is a testament not only to our relentless efforts to be among the best in the industry, but also to our contribution to the development of the Philippine capital markets.”
RECENT DEALS
RECENT DEALS
IN THE PIPELINE /
NOW OFFERING
IN THE PIPELINE / NOW OFFERING

AROUND THE METRO
AROUND THE METRO


FirstMetroSec holds annual
Trader’s Playbook 2023
FirstMetroSec holds annual Trader’s Playbook 2023
First Metro Securities recently concluded its biggest annual stock market event, the Trader’s Playbook. The briefing was held live in Manila, Cebu and Davao, along with one virtual run. The event gathered esteemed market experts who shared their key insights about stock market investing and economic outlook for 2023, to a total of more than 1,000 participants.
This year’s theme is Investing in a New Cycle, which focuses on the tug-of-war between bears and bulls. Mhelvin Abajon, SVP and head of FirstMetroSec’s Strategic Development division, explained that this battle highlights the complexity and fluidity of financial markets and emphasizes the importance of staying informed and cautious when making investment decisions. Read More
First Metro Securities recently concluded its biggest annual stock market event, the Trader’s Playbook. The briefing was held live in Manila, Cebu and Davao, along with one virtual run. The event gathered esteemed market experts who shared their key insights about stock market investing and economic outlook for 2023, to a total of more than 1,000 participants.
This year’s theme is Investing in a New Cycle, which focuses on the tug-of-war between bears and bulls. Mhelvin Abajon, SVP and head of FirstMetroSec’s Strategic Development division, explained that this battle highlights the complexity and fluidity of financial markets and emphasizes the importance of staying informed and cautious when making investment decisions. Read More
First Metro welcomes new CRO
First Metro welcomes new CRO
First Metro recently welcomed Jiena D. Dalugdug as the new Chief Risk Officer, vice president and head of Risk Management Division.
Jiena brings over 10 years of experience from MUFG Bank Ltd., Manila Branch, where she rose to head the Market and Liquidity Risk Department, and later on led the merged Operational, Market, and Liquidity Risk Department. Prior to her time at MUFG, she worked on both market and credit portfolios at Union Bank of the Philippines. Throughout her almost two-decade-long career in risk management, Jiena has gained expertise in advancing risk management frameworks and policies, implementing Basel regulations, and reinforcing risk culture within organizations.
She holds a Bachelor of Science degree in Statistics from the University of the Philippines, Diliman, and has completed the academic requirements for a Master of Science degree in Computational Finance at De La Salle University.
First Metro recently welcomed Jiena D. Dalugdug as the new Chief Risk Officer, vice president and head of Risk Management Division.
Jiena brings over 10 years of experience from MUFG Bank Ltd., Manila Branch, where she rose to head the Market and Liquidity Risk Department, and later on led the merged Operational, Market, and Liquidity Risk Department. Prior to her time at MUFG, she worked on both market and credit portfolios at Union Bank of the Philippines. Throughout her almost two-decade-long career in risk management, Jiena has gained expertise in advancing risk management frameworks and policies, implementing Basel regulations, and reinforcing risk culture within organizations.
She holds a Bachelor of Science degree in Statistics from the University of the Philippines, Diliman, and has completed the academic requirements for a Master of Science degree in Computational Finance at De La Salle University.

FIRST METRO IN ACTION
FIRST METRO IN ACTION

CAPITAL NOTES is the official newsletter of First Metro Investment Corporation published quarterly.
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45th Floor, GT Tower International, Ayala Ave. cor. H.V. dela Costa St., Makati City
Tel: (02) 8858 7900 | Fax: (02) 8840 3706
Email: corpcom@firstmetro.com.ph
We want to hear from you. Please let us know your comments or concerns.
Tel: (02) 8511 0795 | Mobile: (0998) 846 8599
Email: customercare@firstmetro.com.ph
You may also contact BSP Financial Consumer Protection Department.
Tel: (02) 8708 7087
Email: consumeraffairs@bsp.gov.ph
CAPITAL NOTES is the official newsletter of First Metro Investment Corporation published quarterly.
![]() |
![]() |
![]() |
45th Floor, GT Tower International, Ayala Ave. cor. H.V. dela Costa St., Makati City
Tel: (02) 8858 7900 | Fax: (02) 8840 3706
Email: corpcom@firstmetro.com.ph
We want to hear from you. Please let us know your comments or concerns.
Tel: (02) 8511 0795 | Mobile: (0998) 846 8599
Email: customercare@firstmetro.com.ph
You may also contact BSP Financial Consumer Protection Department.
Tel: (02) 8708 7087
Email: consumeraffairs@bsp.gov.ph