UnionDigital Bank has announced that its board has accepted the resignation of Henry Aguda as president and chief executive, effective from 1 August 2024.
Henry will be succeeded by Danilo Mojica II, who currently serves as a director on the UnionDigital Bank board.
Danilo, known as Bong, brings with him extensive experience, having over 35 years of local and international C-level corporate and consulting experience across various fields and industries, including fast-moving consumer goods, airlines, telecommunications, financial services, and financial technologies.
Justo Ortiz, chairman of the UnionDigital board of directors, expressed respect for Henry’s decision to pursue opportunities more aligned with his personal development goals, and conveyed best wishes for his future endeavours.

“Our appointment of Bong, who is close to UnionDigital’s business and operations as a board director, will ensure continuity and the uninterrupted execution of the bank’s plans for growth and its strategic initiatives,”
said Justo Ortiz, chairman of UnionDigital board of directors.
In addition to his role at UnionDigital, Henry has also resigned as senior executive vice president of Union Bank of the Philippines.
This resignation will take effect on 1 October 2024, allowing sufficient time for a smooth transition of responsibilities to Danilo as the new UnionDigital president and CEO.
UnionDigital is one of the six Bangko Sentral ng Pilipinas-licensed digital banks in the Philippines and operates as a subsidiary of Union Bank of the Philippines.
Featured image credit: Edited from Freepik