TG Limcaoco to lead BPI in April

Ayala Corporation's Chief Financial Officer Jose Teodoro 'TG' Limcaoco will become Bank of the Philippine Islands (BPI) president and CEO in April 2021, succeeding Cezar Consing who is retiring.

Limcaoco has been a BPI board director since February 2019 and previously held various leadership roles at BPI including executive vice-president, president of BPI Capital Corp., and president of BPI Family Savings Bank.

Consing will remain as a Board Director and Executive Committee member after stepping down from his CEO role.