Nilo Cruz new COO of Philippine Veterans Bank 

Nonilo “Nilo” Cruz, COO, PVB

Professional banker Nonilo “Nilo” Cruz has been named the new chief operating officer (COO) of the Philippine Veterans Bank (PVB).

According to PVB, Nilo is expected to strengthen the local commercial bank’s operational productivity and performance to ensure efficiency and profitability.

Nilo, who has three decades of experience in banking and corporate operations with various local and multinational banks, said he was looking forward to develop new strategies that will reinvigorate PVB.

Before joining PVB, Nilo was a senior executive of Australia and New Zealand Banking Group (ANZ), Manila for 17 years. Before that he did a three year stint as vice president of the Equitable Banking Corporation (now Banco de Oro).

In his stint at ANZ, Nilo led a team that elevated the bank’s standing to country’s top arranger of syndicated loans in 2009-2010 and the top book runner of syndicated loans in both years. He was also part of a senior leadership team that scored in the opening of business and franchise plan in the country which led to ANZ’s ability to generate profits ahead of schedule. In his last role as an investment banker, Nilo was made to account a significant portion of the bank’s annual revenues.

Nilo is a recipient of several banking awards including the inaugural collaborative breakout award in 2002 and the region-wide 2010 C&IB Asia Excellence Award.

A holder of marketing management degree from the De La Salle University, Nilo earned his Master’s in Business Administration at Murdoch University of Australia’s Manila program.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.