Insider Spotlight
The board approved Garcia’s appointment effective Jan. 1, 2026, alongside his election as a member of the Audit Committee, according to the company’s SEC Form 17-C disclosure dated Dec. 16, 2025.
The changes take effect following the resignation of Atty. Jose Raulito Paras from the board and its key committees at the end of 2025.
Why it matters
The addition of Garcia allows DigiPlus to seamlessly maintain full committee representation while bringing in an independent director with deep capital markets and asset management experience. For investors, continuity in audit oversight and related-party review is a key pillar of confidence in a listed company’s governance framework.
A seasoned addition
Garcia is the managing partner of Grow Capital Partners, a boutique investment management advisory firm providing financial advisory and investment management solutions across financial and real estate assets.
His professional background spans investment management, banking, and corporate advisory, aligning closely with the competencies typically sought for audit committee roles.
Beyond DigiPlus
The disclosure shows Garcia also serves as a trustee of the University of Asia and the Pacific, an independent director of GPay PH (GrabPay) and RL Fund Management, and a faculty member at the Asian Institute of Management’s Washington Sycip Graduate School of Business. These roles underscore his exposure to governance, fintech, and education.
Track record
Garcia previously served as CEO of Leechiu Management Inc., held senior leadership roles at BPI’s Asset Management and Trust Group, and was CEO and chief investment officer of ING Investment Management (Philippines).
What’s next
With Garcia’s election and the appointment of Rafael Jasper Vicencio to the Related Party Transaction Committee effective Jan. 1, 2026, DigiPlus enters the new year with refreshed leadership and strengthened governance oversight. — Daxim L. Lucas | Ed: Corrie S. Narisma