C04611-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

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 13, 2023
2. SEC Identification Number
PW-686
3. BIR Tax Identification No.
000-263-340-000
4. Exact name of issuer as specified in its charter
PHILIPPINE BANK OF COMMUNICATIONS
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
PBCOM Tower 6795 Ayala Avenue cor. V.A. Rufino St., Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(632) 8830-7000
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 480,645,163
11. Indicate the item numbers reported herein
Item No. 4. Resignation, Removal, Election of Registrant's Directors or Officer

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.

Philippine Bank of CommunicationsPBC

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

PBCOM Election of Director
Background/Description of the Disclosure

The Philippine Bank of Communications (the “Bank”) wishes to inform the Philippine Stock Exchange and the Philippine Dealing & Exchange Corporation that, at the annual stockholders’ meeting held earlier today, the stockholders duly elected Mr. Hans Brinker M. Sicat as a regular member of the Board, effective immediately.

In the Organizational Meeting, the Board appointed Mr. Sicat as member of the Bank’s trust and related party transaction committees.

Hans Brinker M. Sicat , Filipino, 62 years old, is the former President and Chief Executive Officer of Philippine Stock Exchange from January 2011 to May 2017. He also served as Chairman and Independent Director of the PSE from May 2009 to January 2011. Currently, he is the Managing Director of Crescent Point Group, and Chairman of ProJuris Business Services, Inc. Mr. Sicat also holds positions in various business entities such as Independent Director of Skycable Corporation, ArthaLand Corp., and Transnational Diversified Group.

Mr. Sicat has more than two decades of experience as investment banker. He was Chief Representative of Citigroup Global Markets Asia Pacific Limited in the Philippines from July 2000 to September 2008; Director and Head for Philippine Investment Banking at Salomon Smith Barney Asia Pacific Limited from April 1996 to June 2000; and Managing Director for Asian Fixed Income (Emerging Markets) at Citicorp International from December 1993 to March 1996. He was also the Vice President and Capital Markets Asia Head of Citicorp Securities, Inc. in New York City. Mr. Sicat used to be a member of the Executive Committee of the Bankers Association of the Philippines, and was active in the Investment House Association of the Philippines including a stint as its President.

Mr. Sicat finished his coursework for Ph. D. Economics Program at the University of Pennsylvania, Philadelphia, USA and earned his Master of Arts in Economics and Bachelor of Science in Mathematics at the University of the Philippines.
Resignation/Removal or Replacement
Name of Person Position/Designation Effective Date of Resignation/Cessation of term
(mmm/dd/yyyy)		 Reason(s) for Resignation/Cessation
- - - -
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
Hans Brinker M. Sicat Director 06/13/2023 06/13/2023 100 - -
Hans Brinker M. Sicat Member, Related Party Transactions Committee 06/13/2023 06/13/2023 100 - -
Hans Brinker M. Sicat Member, Trust Committee 06/13/2023 06/13/2023 100 - -
Promotion or Change in Designation
Name of Person Position/Designation Date of Approval
(mmm/dd/yyyy)		 Effective Date of Change
(mmm/dd/yyyy)		 Shareholdings in the Listed Company Nature of Indirect Ownership
From To Direct Indirect
- - - - - - - -
Other Relevant Information

Please see attached SEC Current Report (17-C) for complete details.
PBCOM confirms that Mr. Sicat authorized the public disclosure of his personal details stated in the description.
Filed on behalf by:
Name Michael Stephen Lao
Designation Corporate Secretary