Manila—(PHStocks)—The Philippine National Bank (PSE: PNB) has appointed Bernardo “Bernie” H. Tocmo as the new Retail Banking Group Head with the rank of executive vice president (EVP). Tocmo brings with him 30 years of solid banking experience gained from an impressive career with the country’s top and mid-tier commercial banks. Prior to joining PNB, he was EVP and National Banking Sector Head of Metropolitan Bank & Trust Co. (PSE: MBT).
Tocmo rose from the ranks and built his career in various areas of branch banking in his other postings. Under his leadership, the various branches and business units he managed achieved top ranking in deposit generation, cross-selling, operations quality and profitability.
Tocmo finished his Masters in Business Economics and Strategic Business Economics Program from the University of Asia and the Pacific. He graduated with a BS in AgriBusiness major in Management from the Visayas State University.
With Tocmo at the helm of PNB’s Retail Banking Group, the bank looks forward to further growing its strong retail banking franchise by delivering innovative products and services and improved customer experience through its 630 branches nationwide.
EVP Jovencio Hernandez, PNB’s former Retail Banking Group Head, will continue to provide his expertise to the Bank this time as President of PNB Savings Bank (PNBSB), the consumer banking arm of PNB.
With his wealth of experience in banking and consumer goods marketing, Hernandez will drive the transformation of PNBSB as a major player in the consumer finance business. With a growing network of 33 branches, PNBSB is building up its brand on the platform of product innovation and customer service.
Hernandez joined PNB in 2007 as Head of the Bank’s consumer finance and credit card business and was promoted as Group Head for Retail Banking in 2009. He is a Certified Public Accountant and holds a Bachelor of Science degree in Commerce, Major in Accounting from the De La Salle College.
Both appointments took effect 1 October 2015.