This appointment marks a significant milestone, as she becomes the first female leader in the organisation’s nearly 80-year existence.
Delgado takes on this role during a pivotal time for the banking industry.
Currently, the sector is actively navigating rapid digitalisation, the growing use of artificial intelligence, and interconnected operational risks.
Prior to becoming UnionBank’s CEO in January 2025, she spent over two decades working at the institution.
During this extensive tenure, she spearheaded key initiatives in customer experience, SME and institutional banking, consumer finance, and digital transformation.
In her new capacity, Delgado will lead the BAP, a group that represents the commercial and universal banks of the Philippines.
Through this role, she will help guide the industry in maintaining financial stability and harmonising standard practices.
Addressing the evolving landscape, Delgado noted the dual nature of current technological advancements.
Ana Aboitiz Delgado
“As we accelerate digitalisation and unlock the potential of AI, we also face a next generation of risks that extend beyond individual institutions and national borders,” she stated.
She further highlighted that these vulnerabilities are intensified by economic shifts tied to global geopolitical instability.
Consequently, Delgado emphasised the necessity for the BAP to champion industry-wide benchmarks and enhance cooperation, ensuring that “trust in the financial system is not only preserved, but strengthened”.
Featured image: Edited by Fintech News Philippines based on an image by mkmult via Freepik.
