C07659-2023

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)
Oct 25, 2023
2. SEC Identification Number
34001
3. BIR Tax Identification No.
000-708-174-000
4. Exact name of issuer as specified in its charter
BDO Unibank, Inc.
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
BDO Corporate Center, 7899 Makati Ave., Makati City Postal Code 0726
8. Issuer's telephone number, including area code
(632) 8840-7000 / 8702-6000
9. Former name or former address, if changed since last report
--
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 5,268,189,902
Preferred 618,000,000
11. Indicate the item numbers reported herein
Items 4 and 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.

BDO Unibank, Inc.BDO

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

Results of Board Meeting
Background/Description of the Disclosure

Ladies and Gentlemen:

Please be informed that the Board of Directors of BDO Unibank, Inc. (BDO), at its regular meeting held today, October 25, 2023, approved the following:

1. Election of former Senator Franklin M. Drilon as Independent Director of BDO

Atty. Drilon served in two (2) different branches of government in various capacities. In the Senate, he served as Senate President, Majority Leader, Minority Leader and Chairperson of the Committee on Finance, as well as the Committee on Banks, Financial Institutions, and Currencies. In the Executive, he served as Executive Secretary, Secretary of the Department of Justice and the Department of Labor and Employment.

Atty. Drilon is one of the country’s highly decorated Senator having served four (4) non-consecutive terms as Senator of the Philippines. He authored and sponsored numerous landmark laws including the GOCC Governance Act of 2011, Foreign Investments Act, Tax Incentives and Transparency Act and the Revised Corporation Code, to name a few. He also served as Chairman of the Senate Committee on Finance, and the Committee on Banks, Financial Institutions, and Currencies.

Atty. Drilon also served as Chairman of Philippine National Bank and as a Director of Land Bank of the Philippines. He thus brings added perspectives on Philippine finance and banking policy, regulations and operations.

He is currently a Director of Phinma Education Holdings, Inc. and a Senior Counsel of ACCRA Law.

He earned his Bachelor of Arts in Political Science, law degree and Doctor of Laws from the University of the Philippines Diliman. He placed third in the 1969 Bar Examinations and worked as a private practice lawyer before joining the government.


2. Appointment of Mr. Ramon Vicente del Villar de Vera II as Senior Vice President under the Office of the President, effective November 16, 2023

Mr. De Vera has more than 25 years of work experience, 22 years of which were in the banking industry. He co-founded Union Digital Bank Inc. in 2021 and was its Chief Executive Officer from 2021 to 2023. Previous to that, he was with Union Bank of the Philippines as its Fintech Business Group Head (2017 to 2021), Corporate Product Head of Transaction Banking Group (2010 to 2013), and Business Development Director of Transaction Banking Group (2010 to 2013). Mr. De Vera also worked with other companies holding various positions, as follows: Globe Telecom as Media Business Development Head Telecom (2007 to 2010), TV 5 Broadcasting as Product Manager (2006 to 2007), Citibank N.A. as Corporate Cash Product & Sales Manager / Business Unit Compliance Officer, Global Corporate & Investment Bank (2001 to 2006), and with the Philippines Equitor Group of Standard Chartered Bank (1997 to 2001).

Mr. de Vera graduated with a degree of Bachelor of Arts, major in Philosophy from the Ateneo de Manila University and holds a Master's Degree in Business Management from the Asian Institute of Management.


Thank you.
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
Franklin M. Drilon Independent Director 10/25/2023 10/25/2023 1 0 --
Ramon Vicente del Villar de Vera II Senior Vice President 10/25/2023 11/16/2023 0 0 --
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 attachment.
Filed on behalf by:
Name Elmer Serrano
Designation Corporate Information Officer