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Maybank Philippines, employees union reach CBA agreement in under a day

Open dialogue, mutual trust and shared goals key to successful negotiations

Published Feb 18, 2025 01:26 am
V1 Photo MPI CBA 2025-2026 Signing Ceremony.JPG
Signed and Sealed. Maybank Philippines OIC-PCEO Patrick Dennis Solosa (center, left) and MPI Employees Union President Diosdado Maslog (center, right) shake hands at the signing ceremony for the 2025-2026 Collective Bargaining Agreement. Joining them are members of the CBA Management Panel, Officers of the MPI Employees Union, and DOLE-NCMB Deputy Executive Director Tess Audea attending on behalf of Executive Director Maria Teresita D. Lacsamana-Cancio.

 

Maybank Philippines, Inc. (MPI) recently marked a historic milestone with the formal signing of the 2025-2026 Collective Bargaining Agreement, which was successfully concluded in less than a day of negotiations.

This highlights the strong relationship between MPI Management and the Employees Union—built on open dialogue, mutual trust and shared goals—ensuring fair and equitable benefits for both employees and the organisation. The swift and amicable proceeding is also a testament of Maybank Philippines’ humanising workplace, which prioritizes the well-being and needs of its people.

MPI OIC-President & CEO Patrick Dennis L. Solosa and MPI Employees Union President Diosdado “Dong” Maslog led the signing of the two-year win-win deal, which was graced by Deputy Executive Director Tess Audea of the National Conciliation and Mediation Board, Department of Labor and Employment (DOLE), who attended on behalf of Executive Director Mari. Teresita D. Lacsamana-Cancio.  Members of the MPI Management Committee and CBA Management Panel, as well as Officers and Directors of the Employees Union, also attended the event.

“Reaching a CBA agreement in less than a day is truly one for the books. My gratitude goes out to the MPI Employees Union and the MPI Management Panel for their positive outlook and collaborative spirit,” acknowledged MPI OIC-PCEO Patrick Solosa.

“Let us continue to uphold the principles of cooperation and respect that have guided us throughout this process. Together, we will build a stronger, more resilient organisation—one that remains committed to the welfare of our employees and the continued success of our business,” Mr. Solosa added.

The Employees Union President Diosdado L. Maslog affirmed: “The Union is very thankful to the MPI Management for their sincerity and goodwill toward our members. This agreement is a testament to what can be achieved when Management and the Union maintain a strong and collaborative relationship. We remain in continuous and full support of Management’s goals and targets.”

Maybank Philippines, Inc. (MPI) is a member of the Maybank Group, one of Asia's leading banking groups and Southeast Asia’s fourth largest bank by assets. Maybank is present in 18 countries, including all 10 countries in Southeast Asia, with an international network of over 2,610 retail and 38 investment banking branches. In the Philippines, Maybank maintains a “phygital” proposition that combines physical accessibility through its network of 60 Branches, 15 Lending Centers, 9 Premier Wealth Centers, 9 Branch Lites, 1 Islamic Banking Window and close to 80 onsite and offsite ATMs nationwide, with digital capabilities through its M2U mobile app and internet banking platforms. MPI offers an array of financial services and products that include lending (personal loans, commercial loans, corporate loans), deposit-taking, electronic banking, credit card, cash management services, wealth management, remittances, trust and fiduciary accounts, and treasury products and services. www.maybank.com.ph

Maybank house brands in the Philippines also include Maybank Capital, Maybank Securities and eTIqa Life and General Assurance Philippines.

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