PNB names Lucio Tan chairman emeritus
Philippine National Bank (PNB) named Lucio Tan as chairman emeritus on Monday, September 25.
Tan stepped down from his director role after over two decades but will remain actively involved in the bank.
His wife, Carmen Tan, also left her director position and joined PNB's advisory board.
During Tan’s tenure, he oversaw the completion of the PNB-Allied Bank merger in 2013, a milestone that elevated PNB to one of the country's premier privately-owned commercial banks.
Tan expressed his commitment to supporting PNB as a major shareholder and ensuring continuity for its future.
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