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
2,989,259,518
11. Indicate the item numbers reported herein
ITEM 9 - OTHER EVENTS
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.
Union Bank of the PhilippinesUBP
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
Hiring of Senior Officer
Background/Description of the Disclosure
Please be informed that MR. MUKUL SUKHANI was hired as Head of Cards and Loans under the Bank’s Consumer Bank with the rank of Executive Vice President, effective March 5, 2024.
Mr. Sukhani is a seasoned banker and business leader in the area of cards and personal loans. He is formerly Senior Vice President for Business Development of Mastercard, responsible for India and Nepal. He managed all aspects of the Mastercard relationship with issuing partners in terms of profitability and developing products and solutions. He worked with product leads to identify new segments, product opportunities to broaden their reach and market penetration.
Prior to Mastercard, he was Director, Head of Credit Cards and Personal Loans in Citi Philippines from August 2018 – 2021. He held the same position in Citi Vietnam from 2015-2017 and as Head of Small Business Payments Solutions in Citi India from 2011-2015. Early in his career, he worked as COO of Loyalty Management Insights Network and Exchange Pvt Ltd., a startup in the business of customer loyalty programs from 2009 - 2011. He was Director of American Express in Gurgaon from 2004- 2009. He graduated from XLRI, Jamshedpur with a degree in Business Management and a Technical course (Chemical) from Laxmi Narayan Institute of Technology, Nagpur University India.
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
Mr. Mukul Sukhani
Head of Cards and Loans/ Executive Vice President
Mar/05/2024
Mar/05/2024
-
-
N/A
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
N/A
N/A
N/A
N/A
N/A
-
-
N/A
Other Relevant Information
N/A
Filed on behalf by:
Name
Joselito Banaag
Designation
Senior Vice President, General Counsel and Corporate Secretary