C02490-2024

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)
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 Code 1600
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