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)
Apr 24, 2024
2. SEC Identification Number
A1997-9587
3. BIR Tax Identification No.
005-338-421-000
4. Exact name of issuer as specified in its charter
Citystate Savings Bank, Inc.
5. Province, country or other jurisdiction of incorporation
Makati City, Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Citystate Centre Building, 709 Shaw Blvd., Pasig City Postal Code1600
8. Issuer's telephone number, including area code
632-8470-3333
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 Shares
161,800,000
11. Indicate the item numbers reported herein
Item No. 4 only
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.
Citystate Savings Bank, Inc.CSB
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
Appointment of the Chief Compliance Officer Change in Designation of the OIC-Chief Compliance Officer to Chief Risk Officer Change in Designation of the OIC-Chief Risk Officer to Risk Specialist
Background/Description of the Disclosure
In today's Regular Board Meeting, the Board of Directors of Citystate Savings Bank, Inc. approved the appointment of Mr. Pompeyo A. Claveria with the Rank of Vice President as Chief Compliance Officer effective May 2, 2024.
Further, the Board of Directors of Citystate Savings Bank, Inc., approved the Change in Designation of Mr. Inocencio Joven C. Abunan from Officer in Charge (OIC)-Chief Compliance Officer to Chief Risk Officer of the Risk Management Department effective May 2, 2024.
Finally, the Board of Directors of Citystate Savings Bank, Inc., approved the Change in Designation of Mr. John Emmanuel C. Garcia from Officer in Charge (OIC)-Chief Risk Officer to Risk Specialist of the Risk Management Department effective May 2, 2024.
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
Mr. Pompeyo A. Claveria
Chief Compliance Officer
04/24/2024
05/02/2024
-
-
-
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
Mr. Joven Inocencio C. Abunan
OIC-Chief Compliance Officer
Chief Risk Officer
04/24/2024
05/02/2024
-
-
-
Mr. John Emmanuel C. Garcia
OIC-Chief Risk Officer
Risk Specialist
04/24/2024
05/02/2024
-
-
-
Other Relevant Information
The summary of qualifications and business experiences of the appointed officer are as follows:
Mr. Pompeyo A. Claveria, CPA, was a Senior Bank Examiner at the Central Bank of the Philippines (BSP) for 14 years. He was with Philippine Savings Bank (PSBank) for 10 years and served as AVP, Compliance Officer; AVP, Chief Accountant; and SM, Systems and Methods.
He was a Sr. FVP, Chief Compliance Officer at the Real Bank (A Thrift Bank), Inc. for 10 years.
He was a Consultant for Banco de Oro Universal Bank for 3 months.
He served as VP, Head of Trust Department; VP, Chief Compliance Officer; and Sr. AVP, Risk Officer at the Philippine Trust Company (PhilTrust Bank) from December 2014 to 2024.
Filed on behalf by:
Name
Jose De Leon
Designation
Vice President - Head of Legal Services and Regulatory Affairs Department, Data Privacy Officer and Assistant Corporate Secretary