New BancNet officers

MANILA, Philippines - BancNet, the country’s largest electronic banking consortium, has elected Manuel C. Tagaza and Daniel U. Yu as new chairman and vice chairman, respectively, and re-elected Robert P. Blas as president, Ismael R. Sandig as treasurer, Agnes H. Maranan as corporate secretary, and Elmarie S. Reyes as assistant corporate secretary. The rest of the 2014-2015 board of directors are: Simon Javier A. Calasanz (HSBC), George P. Castro (Philtrust), Ricardo R. Chua (China Bank), Jovencio DB. Hernandez (PNB), Ma. Teresa M. Jesudason (DBP), Victor Q. Lim (PBCom), Alan David C. Matutina (Equicom Savings Bank), Dennis I. Paredes (Robinsons Bank), Mark Anthony B. Perez (Metrobank), Gerardo Susmerano (East West Bank), Manuel C. Tagaza (BPI), Marilyn M. Tiongson (Land Bank), and Daniel U. Yu (Security Bank). The members of the Advisory Board are: Carmelita R. Araneta (Bank of Commerce), Abigail M. Del Rosario (Standard Chartered Bank), Joseph B. Estavillo (CTBC Bank), Jesus Vicente O. Garcia (Veterans Bank), Norman Martin C. Reyes (UCPB), Wilfredo E. Rodriguez Jr. (Asia United Bank), and Alfredo S. Vitangcol Jr. (Sterling Bank). BancNet is a consortium of 116 member banks, affiliate switch networks, and electronic money issuers with a network of over 13,000 ATMs and about 35,000 payment terminals (POS) nationwide.