Metrobank adds insurance weight to board: Benedict Sison joins Ty-led lender
Benedict C. Sison
Metropolitan Bank & Trust Co. (Metrobank), the country’s second-largest private lender by assets, has appointed insurance industry veteran Benedict C. Sison as an independent director to strengthen its board oversight and advance its corporate governance agenda.
Sison becomes the fifth independent director to join the board of the Ty-led financial institution, bringing decades of financial-sector experience to Metrobank.
Sison previously held top-tier executive roles in the regional insurance landscape, a background expected to bolster Metrobnk’s strategic expansion in bancassurance and consumer wealth management.
Concurrently, Jose Vicente L. Alde will step down from his position on the Metrobank board after a four-year tenure. During his time on the board, Alde helped steer the lender through the volatile post-pandemic economic recovery, contributing to a period of sustained profitability and asset growth.
While departing the parent bank’s board, Alde will maintain his footprint within the wider financial conglomerate. He will continue to lead Philippine Savings Bank, the thrift banking arm of the Metrobank Group, where he serves as president.