Bank of Makati names new president

Bank of Makati (A Savings Bank), Inc., (BMI), has appointed a new president as it enters its next phase of growth and become the micro, small and medium enterprises’ (mSMEs) bank of choice.

The savings bank named Luis M. Chua president following the seven-year term of Ma. Rodora E. Bañares.

A Certified Public Accountant, Chua previously served BMI as executive vice president, overseeing the groups in charge of controllership, loans operations, credit support, information technology, asset management and disposal, corporate services and branch operations.

Chua obtained his Master of Science in Computational Finance and Bachelor of Science in Commerce, major in Accounting (cum laude), from the University of Santo Tomas.

He joined BMI in 2005 as the head of the Internal Audit and Compliance Group after building a career in government and foreign and local banks, including Citibank N.A., United Coconut Planters Bank, Security Bank, SB Cards Corp. (formerly Security Diners International Corp.), the Bangko Sentral ng Pilipinas and SGV & Co.