Chief commercial officer Mario Domingo will take over as officer-in-charge to manage the transition.
“We appreciate and respect John’s decision to focus on personal priorities at this point in his life, and we wish him the best. We would like to thank John for his contributions and dedication to UBX during his leadership term,” said UBX chair Jose Emmanuel Hilado.
Launched in 2018 as UnionBank’s fintech arm, UBX builds platforms that enable digital lending, payments, and financial inclusion.
UBX was spun off from UnionBank in 2018 to drive digital transformation for financial institutions in the Philippines.
It offers services such as banking-as-a-service (BaaS), e-wallets, lending, and payment platforms.
Japan-based SBI Holdings also holds a 16.67 percent stake in UBX.
