In a statement, the bank said Elizaga succeeded Oliver Jimeno, who transitioned to the role of senior advisor to the board chair.
“We are confident that Luis’ leadership will bring CTBC Bank Philippines to new heights,” said Jason Wang, chair of CTBC Bank Philippines. “His extensive experience in various senior executive roles in his past stints and appreciation of CTBC’s unique cross-cultural dynamics positions him well to lead the Bank towards greater customer focus.”
Elizaga joined CTBC Bank Philippines in 2020 as executive vice president and head of the institutional banking group. During his tenure, the group’s loan portfolio grew from P25 billion in 2020 to over P42 billion in 2024, reflecting a 70-percent increase in just four years.
This performance highlights his proven track record in corporate and commercial banking.
“I am honored and excited by the opportunity to lead CTBC Bank Philippines,” Elizaga said. “I look forward to driving our digital transformation journey to enhance and expand our product and service offerings. On the corporate and commercial segments, we shall continue to leverage on our global presence to serve our customers’ cross-border requirements.”
In 2024, CTBC Bank Philippines launched significant digital initiatives, including a new online banking platform, a mobile banking app, and EZ Start, an online onboarding portal.
Founded in 1995, CTBC Bank Philippines is a full-service commercial bank with one of the largest branch networks among foreign banks in the country, demonstrating its commitment to serving the local market.
