BDO Unibank Management

Management criteria checks 4/4

BDO Unibank's CEO is Nestor Tan, appointed in Jul 1998, has a tenure of 25.75 years. directly owns 0.45% of the company’s shares, worth ₱3.42B. The average tenure of the management team and the board of directors is 16.8 years and 6.6 years respectively.

Key information

Nestor Tan

Chief executive officer

₱3.0m

Total compensation

CEO salary percentage	n/a
CEO tenure	25.8yrs
CEO ownership	0.5%
Management average tenure	16.8yrs
Board average tenure	6.6yrs

Recent management updates

Recent updates

CEO

Nestor Tan (65 yo)

25.8yrs

Tenure

₱2,999,333

Compensation

Mr. Nestor V. Tan is the President and Chief Executive Officer of BDO Unibank, Inc. and has been its Executive Director since June 27, 1998. He serves as President at BDO Trust & Investments Group. He serv...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nestor Tan	President	25.8yrs	₱3.00m	0.45% ₱ 3.4b
Josefina Tan	Non-Executive Director	no data	₱6.06m	0.020% ₱ 153.2m
Elmer Serrano	Corporate Information Officer	no data	no data	no data
Luis Reyes	Executive VP and Head of Investor Relations & Corporate Planning	no data	no data	0.020% ₱ 148.2m
Federico Tancongco	Senior VP	6.8yrs	no data	no data
Evelyn Salagubang	Group Head for Human Resources (HR) & Senior VP	12.8yrs	no data	0.0043% ₱ 32.2m
Evelyn Villanueva	Executive VP	no data	no data	0.024% ₱ 180.9m
Rolando Tanchanco	Senior EVP & Head of Consumer Banking Group	no data	no data	0.011% ₱ 86.5m
Marilyn Go	Senior VP & Deputy Treasurer	16.8yrs	no data	0.0021% ₱ 15.9m
Maria Corazon Mallillin	Executive VP & Head of Branch Banking Group	no data	no data	0.0029% ₱ 21.7m
Stella Cabalatungan	Executive Vice President	no data	no data	0.0072% ₱ 54.9m
Montiel Hachero Santos	Head of Treasury Group -Foreign Currency Sales & Senior VP	16.8yrs	no data	0% ₱ 0

16.8yrs

Average Tenure

61yo

Average Age

Experienced Management: BDO's management team is seasoned and experienced (16.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nestor Tan	President	25.8yrs	₱3.00m	0.45% ₱ 3.4b
Josefina Tan	Non-Executive Director	16.8yrs	₱6.06m	0.020% ₱ 153.2m
Vicente Perez	Independent Director	5yrs	₱6.28m	0.00068% ₱ 5.2m
Corazon de la Paz-Bernardo	Advisor to the Board	9yrs	no data	no data
Teresita Sy-Coson	Chairman of the Board	47.3yrs	₱11.79m	0.012% ₱ 92.2m
Jose Sio	Advisor to the Board	16.8yrs	no data	no data
Christopher Bell-Knight	Advisor to the Board	1.8yrs	₱3.31m	no data
Walter Wassmer	Non-Executive Director	2yrs	₱6.36m	0.030% ₱ 227.5m
Dioscoro-Roy Ramos	Lead Independent Director	8.3yrs	₱6.57m	0.0056% ₱ 42.3m
George Barcelon	Independent Director	5yrs	₱6.25m	0.0065% ₱ 49.2m
Vipul Bhagat	Independent Director	2.3yrs	₱6.36m	0% ₱ 0
Estela Perlas-Bernabe	Independent Director	1.8yrs	₱6.35m	0.00019% ₱ 1.4m

6.6yrs

Average Tenure

71yo

Average Age

Experienced Board: BDO's board of directors are considered experienced (6.6 years average tenure).

BDO Unibank Management

Management criteria checks 4/4

Key information

Recent management updates

Insider recently sold ₱1.6m worth of stock

Insider recently sold ₱1.9m worth of stock

Insider recently sold ₱4.0m worth of stock

Lead Independent Director recently bought ₱2.4m worth of stock

Insider recently sold ₱7.6m worth of stock

Insider recently sold ₱9.4m worth of stock

Recent updates

First quarter 2024 earnings: EPS misses analyst expectations

BDO Unibank, Inc. Increases Regular Cash Dividend

Insider recently sold ₱1.6m worth of stock

Insider recently sold ₱1.9m worth of stock

Insider recently sold ₱4.0m worth of stock

Lead Independent Director recently bought ₱2.4m worth of stock

Upcoming dividend of ₱0.75 per share

Fourth quarter dividend of ₱0.75 announced

Full year 2023 earnings released: EPS: ₱13.86 (vs ₱10.77 in FY 2022)

Insider recently sold ₱7.6m worth of stock

Insider recently sold ₱9.4m worth of stock

President recently sold ₱3.0m worth of stock

Now 20% overvalued after recent price rise

BDO Unibank, Inc., Annual General Meeting, Apr 19, 2024

Independent Director recently bought ₱2.5m worth of stock

Independent Director recently bought ₱2.5m worth of stock

Upcoming dividend of ₱0.75 per share at 2.4% yield

BDO Unibank, Inc. Announces Retirement of Mr. Ramon Soliven David, Senior Vice President and Region Head of Branch Banking Group, Effective January 1, 2024

Insider recently sold ₱2.6m worth of stock

Insider recently bought ₱3.5m worth of stock

Insider recently bought ₱3.1m worth of stock

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

BDO Unibank, Inc. Announces Management Appointments

Insider recently sold ₱5.0m worth of stock

Upcoming dividend of ₱0.75 per share at 2.1% yield

BDO Unibank, Inc. Announces Executive Changes

Insider recently sold ₱1.3m worth of stock

Insider recently sold ₱6.0m worth of stock

Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

BDO Unibank, Inc. Announces Executive Changes, Effective September 15, 2023

Insider recently sold ₱2.9m worth of stock

Insider recently sold ₱3.0m worth of stock

BDO Unibank, Inc. Announces Demise of Jesus A. Jacinto, Jr., Director and Vice Chairman

Insider recently sold ₱991k worth of stock

New minor risk - Insider selling

Vice Chairman of the Board recently bought ₱36m worth of stock

BDO Unibank, Inc. Announces Executive Resignations

Insider recently sold ₱609k worth of stock

Upcoming dividend of ₱0.75 per share at 2.2% yield

BDO Unibank, Inc. Approves Committee Appointments

Insider recently sold ₱3.5m worth of stock

Insider recently sold ₱2.7m worth of stock

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Insider recently bought ₱2.8m worth of stock

Full year 2022 earnings released: EPS: ₱10.77 (vs ₱8.07 in FY 2021)

Insider recently sold ₱1.4m worth of stock

Insider recently sold ₱1.5m worth of stock

Insider recently sold ₱2.5m worth of stock

BDO Unibank, Inc. Announces Executive Promotions

BDO Unibank, Inc., Annual General Meeting, Apr 19, 2023

Investor sentiment improved over the past week

Upcoming dividend of ₱0.30 per share

BDO Unibank, Inc. Announces the Resignation of Ramon Tremuchamilltar as Senior Vice President and Head of BOO Network Bank, Inc./Community Banking Network Group, Effective from January 1, 2023

Insider recently sold ₱1.7m worth of stock

Less than half of directors are independent

BDO Unibank, Inc. Announces Resignation of Howard Lincoln Dy Son, Senior Vice President and Country Head of Hong Kong Branch

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Insider recently sold ₱1.2m worth of stock

Insider recently sold ₱101k worth of stock

BDO Unibank, Inc. Announces Retirement of Edwin Romualdo Gonzagareyes, Executive Vice President and Group Head of Transaction Banking Group, Effective October 1,2022

Insider recently sold ₱520k worth of stock

Insider recently sold ₱3.8m worth of stock

Insider recently sold ₱769k worth of stock

Upcoming dividend of ₱0.30 per share

BDO Unibank, Inc. Announces Executive Promotions

BDO Unibank, Inc. Approves Cash Dividend for the Third Quarter of 2022, Payable on September 30, 2022

Insider recently sold ₱1.3m worth of stock

Insider recently sold ₱351k worth of stock

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations