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Manila Bulletin devider Business devider Banking & Finance devider Security Bank Chair Villarosa passes away

Security Bank Chair Villarosa passes away

Published May 3, 2023 07:38 am
Security Bank Corporation announced the passing of the Chairman of its Board of Directors Alberto S. Villarosa. “Chairman Villarosa has been an integral part of SECB’s growth story for over two decades,” the bank said in a statement. Prior to being elected as Chairman in 2015, he served in various capacities such as President and CEO, and as COO. He has been a member of SECB’s board since 2002 and prior to his passing, he was a member of the Executive, Nominations and Remuneration, Restructuring, and Finance Committees. “Chairman Villarosa is most remembered for his legacy at SECB where he drove the Bank to greater heights in its mission to provide Filipinos the BetterBanking experience,” Security Bank said. It added that, “His direction was crucial in steering the Bank’s physical expansion in key markets and paving the way for adopting technology to innovate banking services." “We extend our condolences to the bereaved family during this most trying of times. We pray that they find solace that Chairman Villarosa now joins the Creator. Security Bank shall endeavor to preserve the legacy that Chairman Villarosa leaves behind,” the bank said. In light of Villarosa’s passing, Security Bank said its Vice Chairman Cirilo P. Noel will serve as interim Chairman for the time being.
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