“This isn’t just about board expansion—it’s about adding leadership that challenges us, inspires fresh thinking, and guides CLI into its next decade of innovation and growth,” said chairman and CEO Jose R. Soberano III.
Joining the board are Eugene Acevedo, former RCBC president and a widely recognized banking innovator, and Dr. Winston Conrad Padojinog, outgoing president of the University of Asia and the Pacific and a respected economic policy advisor.
With these appointments, five of CLI’s eleven board seats are now held by independent directors, underscoring its commitment to governance and diversity.
Acevedo, a magna cum laude physics graduate and Harvard-trained leader, also serves on the boards of AIM and the University of San Carlos.
“With deep Cebuano roots, he is known for driving innovation and transformation, and was recognized as one of the People of the Year 2024 by People Asia Magazine, the only banker included in the distinguished list,” CLI said.
Padojinog, meanwhile, brings two decades of experience in academic leadership, economic research, and corporate governance.
