01-07-2025
Reggie Cariaso is new RCBC President and CEO
Rizal Commercial Banking Corp. (RCBC) on Tuesday announced a key leadership change with Reginaldo 'Reggie' Cariaso stepping up as its new president and chief executive officer (CEO), succeeding Eugene Acevedo who retired effective July 1.
Acevedo was appointed deputy CEO on January 1, 2025, where he headed the Operations Group and led corporate-wide initiatives aimed at boosting service delivery and streamlining processes.
His predecessor Acevedo also served as deputy CEO for six months in 2019 to his predecessor Gil Buenaventura.
'Our focus is clear. We will build more seamless connections to deliver relevant, timely, and intuitive financial solutions,' Cariaso said in an emailed statement.
'We want to serve our customers in ways that are not only accessible and secure, but meaningful and future-ready,' he added.
Cariaso also cited the need to upgrade RCBC's approach to move beyond basic transactions to a more scalable strategy through digital tools, data, and smarter systems to deepen client engagement.
'Our job is to integrate channels, data, and teams more effectively in order to deliver not just better products, but better outcomes,' he said.
'From payments to platforms to partnerships, everything must work together to create lasting value,' he added.
Acevedo, who took charge as president and CEO in 2019, is set to remain actively involved in RCBC as a member of the Board of Directors
RCBC was the sixth-largest bank in the Philippines as of March 2025, with a total of P1.509 trillion worth of assets. —VAL, GMA Integrated News
