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The company said the changes, approved by its Board of Directors, are aimed at improving operational alignment, strengthening collaboration among business units, and enhancing the group’s ability to capture opportunities in the evolving financial services market.
Patricia P. Palacios, who served as president and CEO of Global Dominion Financing Inc. for 21 years, will transition to the role of Group Deputy CEO of Asialink Group. She will work alongside Group CEO Robert B. Jordan Jr. and fellow Deputy CEO Eillen B. Mangubat to oversee strategic coordination and operational execution across the organization.
During her tenure, Palacios helped expand Global Dominion into one of the country’s leading financing institutions, growing its network to nearly 200 branches nationwide.
Why it matters
The leadership revamp comes as Philippine nonbank financial institutions continue to expand services to underserved borrowers and micro, small, and medium enterprises, a segment seen as critical to economic growth.
Global Dominion, the group’s second-largest company, will now be led by Samuel Z. Cariño as president and CEO. Cariño previously headed Asialink Finance Corp. for more than a year and had earlier served as deputy chief operating officer for sales at Global Dominion.
The Board cited Cariño’s experience in sales, marketing, data analysis, and people development as key strengths expected to support the company’s next phase of growth.
At Asialink Finance Corp., Ana Katrina C. Bañez was appointed president and CEO, while Daisy D. Suba was named deputy CEO.
Both executives previously led the company’s Commercial and Consumer Loans divisions. In 2025, the Luzon division contributed 40 percent of total sales, while the Visayas and Mindanao unit accounted for 39 percent, according to the company.
What they’re saying
“These leadership transitions mark an important step in strengthening the Asialink Group as we continue to position the organization for sustained growth and long-term success,” Robert B. Jordan Jr., group CEO, said in a press statement.
“With a strong and capable leadership team in place, we are confident in our ability to drive innovation, enhance operational excellence, and further expand our impact in the financial services industry,” he added.
Asialink Group operates several financing firms, including Asialink Finance Corp., South Asialink Finance Corp., and Global Dominion Financing Inc., with a focus on expanding access to financing solutions for Filipino entrepreneurs and consumers. —Vanessa Hidalgo | Ed: Corrie S. Narisma
