EMBATTLED Rizal Commercial Banking Corp. President and Chief Executive Officer Lorenzo Tan has resigned, the nation’s seventh-largest commercial bank said on Friday.
In a statement accompanying the formal announcement of his resignation, which the management has accepted “with regret,” Tan said, “Despite having been cleared of any wrongdoing, as President and CEO of RCBC, I take full moral responsibility for this sad incident in the history of the bank.”
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.