RCBC Injects PhP800M Capital into RCBC Leasing & Finance

At its regular meeting held on August 28, 2018, the Board of Directors of Rizal Commercial Banking Corp. (PSE: RCB) approved the capital infusion of PhP800 million into RCBC Leasing & Finance Corp.

It also approved the recall of secondment to RCBC Savings Bank (RSB) of Richard C. Lim and his appointment to the Bank as Retail Banking Group Head with the rank of Executive Vice President effective September 14, 2018. Lim currently serves as the Chief Operating Officer of RSB, overseeing both the retail banking and consumer lending business. He has 25 years of experience in retail banking and was Executive Vice President and Head of Maybank’s Retail Banking Group before joining the bank.

The board has also approved the appointment of Jonathan C. Diokno as Segment Head of Global Filipino Banking with the rank of First Senior Vice President effective September 14, 2018. Diokno currently serves as the Retail Banking Group Head of the Bank. He has over 22 years of professional experience in transaction banking, cash management services, and overseas Filipino remittance, with extensive focus on sales and product management. Prior to joining the bank, he was the Head of BDO Remittance Origination and Head of Business Development BDO Cash Management Services.

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