Tapia, 48, brings over 20 years of investment and banking experience from top firms like J.P. Morgan, Standard Chartered Bank, Citigroup Global Markets, Goldman Sachs Asia LLC, and East West Banking Corp.
He currently serves as chair for Chinabank subsidiaries CBC Assets One (SPC) Inc., Resurgent Capital (FISTC-AMC) Inc., and China Bank Securities Corp.
He earned his Bachelor of Science in Business Administration from Fordham University and holds an MBA from The Wharton School at the University of Pennsylvania.
Other movements
Executive vice presidents Jose L. Osmeña Jr. and Clara C. Sy, co-segment heads of retail banking, will retire on Dec. 31, 2024.
Gerardo Susmerano, a banking veteran with over 30 years of experience, will become executive vice president and retail banking executive on Nov. 11, 2024, and co-segment head for the National Capital Region and Luzon on Jan. 1, 2025.
Stephen Y. Tan will be promoted to co-segment head for Visayas and Mindanao, effective the same day.
The Information Technology Steering Committee will see a reorganization in Jan. 2025, adding Susmerano and Tan as members.
Gerald O. Florentino, head of the investor and corporate relations group, will be promoted to first vice president II, and Therese G. Escolin, wealth management group Makati hub cluster head, will advance to first vice president I. Both promotions take effect on Nov. 16, 2024.
