CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Jun 7, 2023
2. SEC Identification Number
443
3. BIR Tax Identification No.
000-444-210-000
4. Exact name of issuer as specified in its charter
China Banking Corporation
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
China Bank Building, 8745 Paseo de Roxas corner Villar Street, Makati CityPostal Code1226
8. Issuer's telephone number, including area code
888-55-555
9. Former name or former address, if changed since last report
N.A.
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common
2,691,288,212
11. Indicate the item numbers reported herein
Item 9
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
China Banking CorporationCHIB
PSE Disclosure Form 4-8 - Change in Directors and/or Officers (Resignation/Removal or Appointment/Election) References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Promotion and Appointment of Bank Officers
Background/Description of the Disclosure
Please be informed that during its regular meeting held this afternoon, 07 June 2023, the Board of Directors of China Banking Corporation (the "Bank") took up and approved, confirmed, and/or ratified the following matters:
1. Promotions of the following senior Bank officers, from Vice President II to FIRST VICE PRESIDENT I, effective 16 June 2023:
a. MR. FRANCISCO EDUARDO A. SARMIENTO, Head of Treasury Operations Division under Centralized Operations Group; and
b. MS. REGINA KARLA F. LIBATIQUE, Head of Bancassurance.
2. Appointment of MR. RONALD R. MARCAIDA, Vice President I, as Senior Audit Executive and Division Head for Non-Head Office Audit, directly reporting to the Audit Group Head/Chief Audit Executive, effective 01 June 2023.
Mr. Marcaida, who was the Audit Division Head and Chief Audit Executive of the Bank from 01 February 2020 to 31 May 2023, has been given a re-focused role to now oversee two (2) departments: Other Subsidiaries Audit Department and China Bank Savings Audit Department. His appointment comes in view of the changes in the organizational structure of the Audit Group, which was upgraded from a Division level, in order to align its operating model to the business direction and growth of the Bank.
Resignation/Removal or Replacement
Name of Person
Position/Designation
Effective Date of Resignation/Cessation of term (mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
N.A
N.A.
N.A.
N.A.
Election or Appointment
Name of Person
Position/Designation
Date of Appointment/Election (mmm/dd/yyyy)
Effective Date of Appointment Election (mmm/dd/yyyy)
Shareholdings in the Listed Company
Nature of Indirect Ownership
Direct
Indirect
Ronald R. Marcaida
Vice President/ Senior Audit Executive and Division Head for Non-Head Office Audit