Rizal Commercial Banking Corporation (RCBC) has announced the appointment of Reginaldo “Reggie” Cariaso as its new President and Chief Executive Officer, effective July 1, 2025.

Reggie succeeds Eugene S. Acevedo, who is retiring but will remain a member of the bank’s Board of Directors. Acevedo guided the bank through a period of growth and digital innovation.

Reggie brings nearly three decades of experience from both global and local financial institutions, with expertise in institutional banking, capital markets, and strategic execution.

Before joining RCBC, he held senior leadership roles at Bank of the Philippine Islands and JP Morgan Hong Kong, having begun his career in the U.S. Navy Submarine Force. Prior to his CEO appointment, he headed RCBC’s Operations Group, leading initiatives that enhanced service delivery and streamlined processes.

Reggie assumes the role with a clear vision to strengthen RCBC’s position as a digitally driven, customer-focused bank. His strategy emphasises accelerating financial innovations and enhancing the banking experience through data intelligence and enterprise integration.

“Our focus is clear. We will build more seamless connections to deliver relevant, timely, and intuitive financial solutions,” said Reggie. He further added, “We want to serve our customers in ways that are not only accessible and secure, but meaningful and future-ready”.

Reggie Cariaso stressed the need for RCBC to go beyond traditional offerings like loans and deposits to remain competitive.

He also underscored the importance of upgrading the bank’s approach, moving beyond basic transactions to a more scalable strategy utilising digital tools, data, and smarter systems to deepen client engagement.

“Our job is to integrate channels, data, and teams more effectively in order to deliver not just better products, but better outcomes. From payments to platforms to partnerships, everything must work together to create lasting value,” Reggie stated.

Reggie’s appointment represents a planned leadership transition aimed at ensuring both continuity and forward momentum for RCBC. It reinforces the bank’s commitment to innovation and customer-focused service in an evolving market.

Featured image: Edited by Fintech News Philippines, based on images by mangpor2004 via Freepik, and by RCBC.