Veterans Bank gets new board members


Philippine Veterans Bank (PVB) Chairman Roberto de Ocampo recently received four new members of the bank’s board of directors to help in pursuing bank-wide strategic directives that would put the bank into a more relevant position in the local banking industry.

Named to the bank’s board were Guillermo Parayno, former commissioner of the Bureau of Internal Revenue and the Bureau of Customs; Judith Lopez, chairman of Isla Lipana and Co. (Philippine member firm of PricewaterhouseCoopers) and concurrently president of the Financial Executives Association of the Philippines, or Finex; Nieves Confesor, dean of the Asian Institute of Management and former Labor secretary; and veteran banker Alfonso “Boy” Cruz, formerly with the Land Bank of the Philippines and the Development Bank of the Philippines.

When asked about the involvement of these notable personalities, de Ocampo said that, “I cannot overemphasize the fact that with names like these and with the names of other board members that are still with us who are also in their own right outstanding members of the community, you have a leadership of the bank that is second to none.”

Earlier last month, de Ocampo was elected chairman of the PVB board of directors, and said that his term marks a fresh new beginning for the bank, with the aim of revitalizing the medium-sized commercial bank to be an active major player in the banking industry in local and regional markets.

“I’d say we have established a board that is going to signal to the community that this bank intends to be a major player in banking,” he added. PVB is owned by more than 300,000 Filipino World War II veterans and their heirs.


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