- Roberto V. Ongpin
- Eric O. Recto
- Mario J. Locsin
- Henry Y. Uy
- Gregorio T. Yu
- Bunsit Carlos G. Chung
- Ralph C. Nubia, Jr.
- Edgar J. Sia II
- Patrick Sugito Walujo
- Imelda S. Singzon (independent)
- Tomas I. Alcantara (independent)
- Teresita Ang See (independent)
- Jose P. Leviste, Jr. (independent)
- Roberto M. Macasaet, Jr. (independent)
- Raul O. Serrano (independent)
During the same meeting, Company's shareholders present also unanimously approved and ratified the following:
- All acts and proceedings of the management and the Board of Directors of the Company since the last Annual Meeting in 2010.
- The audited Financial Statements of the Company for the years ended December 31, 2011, 2010 and 2009.
- The appointment of SGV & Company as external auditors of the Company for 2012.
- The amendment of Article VII of the Articles of Incorporation of the Company which increased the authorized capital stock of the Company to Php27 billion divided into 1,080,000,000 common shares with a par value of Php25 per share. This amendment will result in simplifying the shareholder structure of the Company which previously consisted of common shares with a par value of PhplOO per share and preferred shares with a par value of Php25 per share even if both common and preferred shares have similar rights (including the same voting and dividend rights). After the Securities and Exchange Commission approves the amendment, there will only be one class of shares in the Company.
- The amendment of the By-Laws of the Company to create the office of internal Auditor.
- The adoption of a Stock Option Plan subject to regulatory approvals.
At the Organizational Meeting of the Board of Directors of the Company held immediately afterwards, the following were elected corporate officers of the Company for 2012-2013:
| Chairman of the Board: | Roberto V. Ongpin |
| Co-Chairman: | Eric O. Recto |
| Vice-Chairman: | Mario J. Locsin |
| President and CEO: | Henry Y. Uy |
| Chairman, Executive Committee: | Gregorio T. Yu |
| Assistant to the Chairman | Marriana H. Yulo |
| Corporate Secretary | Rodolfo Ma. A. Ponferrada |
| Corporate Information Officers: | Rodolfo Ma. A. Ponferrada Richard O. Arvisu (alternate) Erlina T. Perez (alternate) Jocelyn G. Falculan (alternate) |
The Board of Directors likewise constituted the following committees and elected their members as follows:
A. Executive Committee
Chairman: Gregorio T. YuVice Chairman: Eric O. RectoMembers:
B. Risk Management CommitteeHenry Y. Uy - PresidentImelda S. SingzonRoberto M. Macasaet, Jr.Raul O. SerranoMario J. LocsinRalph C. Nubla, Jr. (alternate)Bunsit Carlos G. Chung (alternate)
Chairman: Roberto M. Macasaet, Jr.Members:
Gregorio T. YuRalph C. Nubla, Jr.Imelda S. SingzonBunsit Carlos G. Chung
Chairman: Raul O. SerranoMembers:
Eric O. RectoRalph C. Nubla, Jr.Teresita Ang See
The Governance Committee also serves as the Company's Nomination Committee, Compensation and Remuneration Sub-Committee and Performance Evaluation Sub-Committee.
D. Audit Committee
Chairman: Raul O. SerranoMembers:
Imelda S. SingzonBunsit Carlos G. ChungEdgar J. Sia IITeresita Ang See
E. Trust Committee
Chairman: Eric O. Recto
Members:
At the regular meeting of the Board of Directors held immediately afterwards, the following matters were, among others, approved:Roberto M. Macasaet, Jr.Ralph C. Nubla, Jr.Henry Y. Uy - PresidentRaul C. Diaz - Trust Officers
- Adoption of a Stock Option Plan.
- Appointment of Mr. Juan B. Estioko as Chief Risk Officer
- Hiring of the following senior officers:
| Name | Rank | Position | Unit |
| Suzanne B. Mondonedo | FVP | Finance | |
| Luis R. Apostol | AVP | Marketing Officer | Retail Banking Segment |
| Narciso C. Reano | AVP | Head - Cash & ATM Administration Division | Retail Banking Segment |
| Emmie N. Avena | AVP | Head - Network & Information Security Division | Information Systems Group |
| Cecilia S. Moreno | AVP | Trust Risk Manager | Risk Management Group |
| Carmina P. Poblete | AVP | Customer Relations Retail Officer | Retail Banking Segment |
