Philstar
Packing light for the afterlife
EastWest Bank is actively promoting estate planning among its clients in anticipation of a significant generational wealth transfer in the Philippines.
The bank hosted the 'Legacy Unlocked: The Power of Planning for Generations' event series, which brought together top clients, entrepreneurs, and business owners.
CEO Jerry Ngo highlighted the global trend of the 'Great Wealth Transfer' where assets will be passed down to younger generations.
He emphasized that EastWest's responsibility includes preparing the next generation to lead with confidence.
Estate planning expert Atty. Leo Cabrera provided practical advice on wealth preservation, business continuity, and family governance.
Ivy Uy, EastWest Branch Banking Head, stated that the bank organizes these learning sessions to assist clients in succession planning.
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