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 30, 2023
2. SEC Identification Number
A-1997-18963
3. BIR Tax Identification No.
005-011-651-000
4. Exact name of issuer as specified in its charter
Asia United Bank
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Joy-Nostalg Center No. 17 ADB Avenue, Ortigas Center, Pasig CityPostal Code1600
8. Issuer's telephone number, including area code
(632) 8633-6888; (632) 8631-3333
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
485,310,538
11. Indicate the item numbers reported herein
item 4
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.
Asia United Bank CorporationAUB
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
Resignation of Officers
Background/Description of the Disclosure
Please be advised of the following: 1. Resignation of Ms. Cynthia P. Santos (Chief Compliance Officer). Ms. Laidy Claire Dela Rosa will be the Chief Compliance Officer (OIC) effective July 1, 2023.
Ms. Laidy Claire C. Dela Rosa is currently Vice President and Head of Regulatory Compliance under Compliance Group since March 2023.
Prior to this assignment, she was the Branch Banking Group (BBG) Operations Support Department Head for 7 years, and task to monitor the group’s operational performance and efficiency. Her function includes support to branches in terms of system innovation, manpower development and standardization of policies and procedures. Ms. De la Rosa joined AUB in August 2011 and was an Auditor for 5 years.
Prior to AUB, she was with Sycip, Gorres, Velayo and Co. as Audit Supervisor for 5 years. She is a Certified Public Accountant and graduated from Philippine School of Business Administration in 2004.
2. Retirement n of Mr. Florante C. Del Mundo (Internal Audit Group Head). Ms, Mariflor Cruz will be the Internal Audit Group Head (OIC) effective July 1, 2023.
3. Retirement of Ms. Hermina Musico, (Treasurer). Ms. Soledad Reyes will be the Treasurer effective July 1, 2023
Resignation/Removal or Replacement
Name of Person
Position/Designation
Effective Date of Resignation/Cessation of term (mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
Ms. Cynthia P. Santos
Senior Vice President/ Chief Compliance Officer
Jun 30, 2023
Personal Reasons
Mr. Florante C. Del Mundo
Senior Vice President/ Head of Internal Audit
Jun 30, 2023
Retirement
Ms. Hermina Musico
Treasurer
Jun 30, 2023
Retirement
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
Laidy Claire Dela Rosa
Chief Compliance Officer (OIC)
Jun 30, 2023
Jul 1, 2023
3,300
-
-
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
Soledad Reyes
Senior Vice President/Chief Financial Officer/Financial Control Group Head
Senior Vice President/Chief Financial Officer/Financial Control Group Head/ Treasurer
Jun 30, 2023
Jul 1, 2023
1,500
-
-
Mariflor L. Cruz
Senior Vice President/ Team Leader, Account Management Group
Senior Vice President- Head of Internal Audit (OIC)