Ayala Corporation (AC), that owns the Bank of the Philippine Islands (BPI), has designated BPI Family Savings Bank president Jose Teodoro “TG” Limcaoco as AC’s new chief finance officer (CFO) and finance group head.
TG, who has been with the Ayala group since 1998, will assume his new role on April 10, 2015 replacing Delfin Gonzalez Jr, the conglomerate informed the stock exchange.
“Limcaoco will be a key member of our management committee, Ayala Group management committee, and our investment committee,” said Solomon Hermosura, general counsel and corporate secretary of Ayala Corp.
Limcaoco earned his MBA in finance and investments from The Wharton School at University of Pennsylvania.