China Bank Names President of New Investment House Subsidiary
Makati—(PHStocks)—China Banking Corp. (China Bank, PSE: CHIB) has appointed Romeo D. Uyan Jr. as president of its new investment house subsidiary, China Bank Capital Corp. (China Bank Capital).
“Romy’s extensive international experience and investment banking expertise is key to the success of China Bank Capital and strengthening China Bank’s presence in the capital markets space,“ said China Bank President and CEO Ricardo R. Chua. “As a key member of the China Bank management team, he is a vital contributor in our various new initiatives.”
Uyan is concurrently executive vice president and special projects officer at China Bank, tasked to lead the development and implementation of projects and strategic initiatives to tap various growth opportunities for China Bank.
China Bank Capital recently obtained the Securities & Exchange Commission’s (SEC) approval to begin operations. In May this year, the Bangko Sentral ng Pilipinas (BSP) approved China Bank’s PhP500 million investment in China Bank Capital which will provide capital raising, merger and acquisition, financial restructuring, debt and securities underwriting, and economic advisory services to all types of public and private companies.
Chua added: “We are very happy to have a man of Romy’s caliber and experience as we build on China Bank’s competitive advantages, foremost of which is a highly professional management team.”
Uyan is an investment banker with over two decades of experience in wealth management, trading, research, and financial structuring in the Asia Pacific region. He has been working for most of his career in Singapore, Hong Kong, and Japan in top multinational investment houses, including UBS, Barclays Capital, Credit Suisse First Boston, and ING Barings Securities.
Most recently, Uyan was the managing director and co-head of Special Situations and Leverage Capital Markets of UBS AG-Singapore Branch where he was responsible for developing a viable financing business franchise under the new Basel regime that focuses on structuring and distribution/hedging. He worked closely with the Investment Banking team to structure financing solutions for their customers, as well as the Wealth Management team to finance the borrowing requirements of their Private Banking clients. Prior to his appointment in the Special Situations and Leverage Capital Markets, he was managing director and head of Asian Credit Trading, a business unit of UBS focused on corporate bonds and derivatives flow and structured credit trading, convertible bonds asset swap trading, secondary loans trading, and structured lending and private finance. He was responsible for the development of an effective domestic credit trading platform in the different UBS regional domestic branches, and working closely with Sales, Research, and Syndicate, he re-established UBS as a premier institution in Asian credit products.
Uyan holds a masters degree in Business Administration and graduated with distinction from the Johnson Graduate School of Management-Cornell University, New York, U.S.A. He earned his bachelors degree from the Ateneo de Manila University in Loyola, Quezon City, where he majored in Management Engineering and graduated Cum Laude.
China Bank, through the Investment Banking Group, provides corporate clients with a wide range of investment banking services, and in the last two years, has become a preferred partner of issuers. China Bank was sole issue manager, joint lead arranger/lead manager/lead underwriter in a number of landmark deals, including the $141 million Philippine Airlines (PSE: PAL)and the $140 million Cebu Pacific (PSE: CEB) term loans in 2013, the PhP20 billion SM Prime (PSE: SMPH) and PhP15 billion PLDT (PSE: TEL) retail bonds in 2014, and the P24B Aboitiz Equity Ventures fixed rate bonds this year. China Bank Investment Banking Group will be a part of China Bank Capital.
