RCBC appoints ex-finance chief Carlos Dominguez as Independent Director

In a PSE announcement, RCBC has named Mr. Carlos G. Dominguez as an Independent Director and Chairperson of the Related Party Transaction Committee and Anti-Money Laundering Committee, as well as a Member of the Corporate Governance and Nominations Committee, starting at the end of business on July 28, 2025, and his overlapping roles will depend on approvals from BSP or other regulators, if needed.

Mr. Dominguez has over 40 years of experience in the government and in the private sector. He was the Secretary of Finance from July 2016 to June 2022 and, by virtue thereof, served as BSP Monetary Board Member, ADB Governor for the Philippines, World Bank Governor for the Philippines, and IMF Alternate Governor of the Philippines. He was the President and/or Chief Executive Officer of various companies including BPI Agricultural Development Bank and Philippine Airlines. He is also an awardee of several high-ranking awards given by the President of the Philippines such as the Order of Lakandula with the Rank of Grand Cross (Bayani). He also received the Grand Cordon of the Order of the Rising Sun by the Emperor of Japan.

Mr. Dominguez is filling the vacancy from the end of Mr. Gabriel S. Claudio’s term, to take effect at the close of business on July 28, 2025.