Philippine National Bank (PNB) President and Director Florido Casuela has officially announced his resignation, which will take effect on April 29, 2025.
In a disclosure released on Wednesday, PNB, the banking arm of the Lucio Tan Group, confirmed that Edwin Bautista, former president and CEO of Union Bank of the Philippines, has been appointed as Casuela’s successor. Bautista, a seasoned banking executive with extensive experience in the financial sector, is expected to bring strategic leadership and innovation to PNB as it navigates an evolving banking landscape.
According to PNB, Casuela has chosen to step down to take on a less active role in the bank and dedicate more time to his personal business ventures. His departure marks the end of his tenure at the country’s eighth-largest bank, where he played a crucial role in strengthening its financial position and driving key initiatives.This leadership transition aligns with an earlier March 26, 2025, Biz Buzz report, which indicated that Casuela had been considering stepping down from his role and that Bautista was among the leading candidates being considered for the position.
With Bautista at the helm, PNB is expected to continue its growth trajectory, leveraging his expertise in digital banking, financial technology, and strategic expansion to enhance its market position.
Read More: https://business.inquirer.net/515447/edwin-bautista-named-new-pnb-ceo
