Bermudez named new president of PH Veterans Bank
|Joey Bermudez, president of Philippine Veterans Bank|
MANILA, Philippines - Joey Bermudez, former president of Chinatrust Inc. Philippines, was named as the new president of the Philippine Veterans Bank (PVB).
Bermudez was elected by PVB Chairman Roberto de Ocampo and the bank's board of directors.
“He will have a crucial role in turning the bank into a major player in the industry. Innovations in consumer finance and commercial lending, as acknowledged by his peers, are some of the values that Joey brings to the organization. He is credited with having built from zero an industry-leading consumer finance business, and for having transformed another institution from a purely corporate and commercial lender into a major player in mortgage loans, auto loans, and small/medium-enterprise lending,” said de Ocampo in a statement.
Bermudez also held key positions at Philippine Savings Bank, Standard Chartered Bank and was president of the Management Association of the Philippines in 2009.
“I am honored and privileged to accept the appointment to say the least. Along with this, I recognize that the toughest challenge now for me as leader of this institution is to establish a solid reputation for growth, and build the Bank into a truly lasting legacy to the nation and succeeding generations,” said Bermudez.
Bermudez is a certified public accountant and holds a master's degree in Business Economics. He also attended the Pacific Rim Bankers Program of the University of Washington.
"I will definitely capitalize on my experience to make PVB a game-changer," he added.