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)
Sep 22, 2023
2. SEC Identification Number
ASO96-005555
3. BIR Tax Identification No.
000-188-209-000
4. Exact name of issuer as specified in its charter
Philippine National Bank
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
PNB Financial Center, President Diosdado Macapagal Boulevard, Pasay City, Metro ManilaPostal Code1300
8. Issuer's telephone number, including area code
(632) 8526-3131 to 70
9. Former name or former address, if changed since last report
Not Applicable
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 Shares
1,525,764,850
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.
Philippine National BankPNB
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Results of the Meeting of the Board of Directors held on September 22, 2023
Background/Description of the Disclosure
We wish to advise the Exchange that during its meeting held today, September 22, 2023, the PNB Board of Directors approved and confirmed the following:
1. Revisions in the Table of Organization of the Bank to reflect the following:
a. Abolition of the Public Affairs Group (PAG) and transfers of its functions, effective October 1, 2023, as follows:
a.1. Transfer of PAG’s Corporate Communications, Government and Media Relations, and Events functions to the Marketing Services/Intelligence Analytics and Performance Group; and
a.2. Transfer of the Corporate Sustainability Unit to the Financial Management Sector (FMS) to report directly to the FMS Head/Chief Financial Officer (CFO)
b. Renaming of FMS to Financial Management, Strategy and Sustainability Sector (FMSSS)
2. Revisions to the memberships of the following Board Committees:
A. Executive Committee
From 1. Leonilo G. Coronel - Chairman 2. Felix Enrico R. Alfiler - Vice Chairman 3. Florido P. Casuela - Member 4. Sheila T. Pascual - Member 5. Lucio C. Tan III - Member 6. Michael G. Tan - Member 7. Vivienne K. Tan - Member 8. Edgar A. Cua* - Non-Voting Member 9. Maria Almasara Cyd N. Tuano-Amador* - Non-Voting Member
To 1. Leonilo G. Coronel - Chairman 2. Felix Enrico R. Alfiler - Vice Chairman 3. Florido P. Casuela - Member 4. Sheila T. Pascual - Member 5. Lucio C. Tan III - Member 6. Michael G. Tan - Member 7. Vivienne K. Tan - Member 8. Chester Y. Luy - Member 9. Eusebio V. Tan - Member 10. Edgar A. Cua* - Non-Voting Member 11. Maria Almasara Cyd N. Tuano-Amador* - Non-Voting Member
B. Board Strategy and Policy Committee
From 1. Felix Enrico R. Alfiler - Chairman 2. Edgar A. Cua* - Vice Chairman 3. Florido P. Casuela - Member 4. Leonilo G. Coronel - Member 5. Isabelita M. Papa* - Member 6. Sheila T. Pascual - Member 7. Wilfrido E. Sanchez* - Member 8. Lucio C. Tan III - Member 9. Michael G. Tan - Member 10. Vivienne K. Tan - Member 11. Maria Almasara Cyd N. Tuano-Amador* - Member 12. Domingo H. Yap* - Member
To 1. Felix Enrico R. Alfiler - Chairman 2. Edgar A. Cua* - Vice Chairman 3. Florido P. Casuela - Member 4. Leonilo G. Coronel - Member 5. Isabelita M. Papa* - Member 6. Sheila T. Pascual - Member 7. Wilfrido E. Sanchez* - Member 8. Lucio C. Tan III - Member 9. Michael G. Tan - Member 10. Vivienne K. Tan - Member 11. Maria Almasara Cyd N. Tuano-Amador* - Member 12. Domingo H. Yap* - Member 13. Chester Y. Luy - Member 14. Eusebio V. Tan - Member
C. Trust Committee
From 1. Sheila T. Pascual - Chairman 2. Leonilo G. Coronel - Vice Chairman 3. Felix Enrico R. Alfiler - Member 4. Vivienne K. Tan - Member 5. Wilfrido E. Sanchez* - Non-Voting Member 6. Florido P. Casuela - Member (Ex-Officio) 7. Joy Jasmin R. Santos - Member (Ex-Officio)
To 1. Sheila T. Pascual - Chairman 2. Leonilo G. Coronel - Vice Chairman 3. Felix Enrico R. Alfiler - Member 4. Vivienne K. Tan - Member 5. Chester Y. Luy - Member 6. Wilfrido E. Sanchez* - Non-Voting Member 7. Florido P. Casuela - Member (Ex-Officio) 8. Joy Jasmin R. Santos - Member (Ex-Officio)
D. Board Audit and Compliance Committee
From 1. Isabelita M. Papa* - Chairman 2. Edgar A. Cua* - Vice Chairman 3. Michael G. Tan - Member
To 1. Isabelita M. Papa* - Chairman 2. Edgar A. Cua* - Vice Chairman 3. Michael G. Tan - Member 4. Eusebio V. Tan - Member 5. Domingo H. Yap* - Member
*Independent Director
We trust you will take note accordingly. Thank you.
Philippine National BankPNB