Security Bank Management

Management criteria checks 2/4

Security Bank's CEO is Sanjiv Vohra, appointed in Jul 2019, has a tenure of 5.33 years. directly owns 0.04% of the company’s shares, worth ₱25.50M. The average tenure of the management team and the board of directors is 4.6 years and 5.5 years respectively.

Key information

Sanjiv Vohra

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	5.3yrs
CEO ownership	0.04%
Management average tenure	4.6yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO

Sanjiv Vohra (62 yo)

5.3yrs

Tenure

Mr. Sanjiv Vohra serves as President, Chief Executive Officer and Director at Security Bank Corporation since July 1, 2019. He served as Head of Global Corporate Banking and Co-Head of Investment Banking f...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sanjiv Vohra	President	5.3yrs	no data	0.040% ₱ 25.5m
Eduardo Olbes	Executive VP & CFO	4.8yrs	no data	0.0018% ₱ 1.1m
Lucose Eralil	Executive Vice President & Chief Operating Officer	less than a year	no data	no data
Charles Malvin Ching	Senior VP & Chief Administrative Officer	1.8yrs	no data	no data
Ropi Dangazo	Head of Investor Relations & First VP	no data	no data	no data
Anna Christina Chinjen	Senior VP & Chief Compliance Officer	4.2yrs	no data	no data
Maria Patricia Tan	Senior VP & Chief Marketing Officer	less than a year	no data	0.0020% ₱ 1.3m
Nerissa Gloria Berba	Executive VP & Chief People Officer	4.6yrs	no data	no data
Joselito Mape	Executive VP & Senior Adviser to Chairman	1.8yrs	no data	0.0015% ₱ 986.4k
Gina Go	Senior Adviser to the President & CEO and Head of Remedial Management Division	18.8yrs	no data	0.0043% ₱ 2.8m
Leslie Cham	Executive VP & Head of the Branch Banking Group	16.1yrs	no data	no data
Jason Ang	Head of Branch Banking Visayas & Mindanao Distribution	17.8yrs	no data	no data

4.6yrs

Average Tenure

54yo

Average Age

Experienced Management: SECB's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sanjiv Vohra	President	5.3yrs	no data	0.040% ₱ 25.5m
Juichi Umeno	Executive VP	1.6yrs	no data	0% ₱ 0
Napoleon Nazareno	Lead Independent Director	7.6yrs	no data	0% ₱ 0
Gerard Brimo	Independent Director	5.6yrs	no data	0% ₱ 0
James J. K. Hung	Member of Advisory Board	3.6yrs	no data	0.32% ₱ 204.6m
Jose Perpetuo Lotilla	Independent Director	3.6yrs	no data	0% ₱ 0
Frederick Dy	Chairman Emeritus	35.6yrs	no data	11.53% ₱ 7.4b
Philip Ang	Member of Advisory Board	3.6yrs	no data	no data
Cirilo Noel	Chairman	6.6yrs	no data	0% ₱ 0
Diana Pardo-Aguilar	Director	7.6yrs	no data	0% ₱ 0
Jikyeong Kang	Independent Director	7.6yrs	no data	0% ₱ 0
Enrico Cruz	Independent Director	5.3yrs	no data	0.025% ₱ 15.9m

5.5yrs

Average Tenure

67.5yo

Average Age

Experienced Board: SECB's board of directors are considered experienced (5.5 years average tenure).

Security Bank Management

Management criteria checks 2/4

Key information

Recent management updates

Independent Director recently bought ₱2.9m worth of stock

Security Bank Corporation Announces Executive Changes

Security Bank Corporation Announces Change in Designation of Aria Margarita R. Mirabueno, Effective August 1, 2024

Security Bank Corporation Announces Changes to its Board

Security Bank Corporation Announces Resignation of Luis Gregorio M. Maloles as Senior Vice President, Senior Relationship Manager, Team Head 2

Security Bank Corporation Announces End of Employment of Daniel S. Dy as Senior Vice President and Executive Director

Recent updates

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 20% undervalued

First half dividend of ₱1.50 announced

Security Bank Corporation Approves Regular Semestral Cash Dividend on Common Shares, Payable on November 27, 2024

Price target increased by 9.5% to ₱97.40

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 20%

Independent Director recently bought ₱2.9m worth of stock

Security Bank Corporation Announces Executive Changes

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Security Bank Corporation Announces Change in Designation of Aria Margarita R. Mirabueno, Effective August 1, 2024

Now 23% undervalued after recent price drop

Now 23% undervalued after recent price drop

Now 23% undervalued after recent price drop

Now 23% undervalued after recent price drop

Now 24% undervalued after recent price drop

Security Bank Corporation Announces Changes to its Board

Now 23% undervalued after recent price drop

Now 21% undervalued after recent price drop

Security Bank Corporation Announces Resignation of Luis Gregorio M. Maloles as Senior Vice President, Senior Relationship Manager, Team Head 2

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Security Bank Corporation Announces End of Employment of Daniel S. Dy as Senior Vice President and Executive Director

Price target decreased by 7.4% to ₱93.23

Final dividend of ₱1.50 announced

Full year 2023 earnings released: EPS: ₱12.08 (vs ₱14.00 in FY 2022)

Security Bank Corporation Approves Change in Assignments of Senior Officers

Security Bank Corporation to Report Q3, 2023 Results on Nov 22, 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of ₱1.50 per share at 3.9% yield

Security Bank Corporation Approves Regular Semestral Cash Dividend, Payable on November 24, 2023

Price target decreased by 7.3% to ₱102

Price target decreased by 7.4% to ₱106

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

Security Bank Corporation Announces Executive Changes

Security Bank Corporation Announces Retirement of Raul Martin A. Pedro as Executive Vice President / Special Adviser to the Chairman, Effective September 30, 2023

Security Bank Corporation Announces Executive Changes

Security Bank Corporation Announces Board Changes

Security Bank Corporation Appoints Prakash S. Mahajan as a Senior Vice President and Corporate & FMS Technology Head

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of ₱1.50 per share at 3.2% yield

Full year 2022 earnings released: EPS: ₱14.00 (vs ₱9.17 in FY 2021)

Security Bank Corporation to Report Q4, 2022 Results on Feb 07, 2023

Security Bank Corporation Announces the Resignation of Anton Khlon as Senior Vice President / Chief Information Officer, Effective February 17, 2023

Security Bank Corporation Approves Executive Changes

Security Bank Corporation Announces Retirement of Joselito E. Mape as Executive Vice President, Effective February 1, 2023

Security Bank Corporation Announces Management Changes, Effective Jan. 01 2023

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ₱1.50 per share

Security Bank Corporation Approves Cash Dividend, Payable on November 24, 2022

Security Bank Corporation Appoints Juan Alfredo Mestas Jara as Senior Vice President and IT Central API Team Head

Security Bank Corporation Announces Change in Designation of Ricardo G. Torres from Senior Vice President / Chief Technology Officer to Senior Vice President / Special Projects Head, Effective October 1, 2022

Security Bank Corporation Appoints Juan Alfredo Mestas Jara as Senior Vice President and IT Central API Team Head Under Information Technology Group

Second quarter 2022 earnings: Revenues exceed analyst expectations

Security Bank Corporation Announces Resignation of Edward B. Mallari, Senior Vice President, Effective September 16, 2022

Security Bank Corporation(PSE:SECB) dropped from Philippines PSE Composite Index

Insider recently bought ₱869k worth of stock

Security Bank Corporation Announces the Resignation of Gelene W. Lee as Senior Vice President, Effective July 31, 2022

Security Bank Corporation Announces Executive Changes

Price target decreased to ₱130

Senior VP & CTO recently bought ₱450k worth of stock

Security Bank Corporation Announces Executive Appointments

First quarter 2022 earnings: EPS exceeds analyst expectations

Insider recently bought ₱412k worth of stock

Security Bank Corporation Announces Executive Appointments

Security Bank Corporation Announces Dividend for the Period Ended December 31, 2021, Payable on April 28, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Chairman of the Board recently bought ₱31m worth of stock

Security Bank Corporation Appoints Hirofumi Umeno as Senior Vice President and MUFG Business Development Head

Security Bank Corporation Announces Resignation of Gary Butler as Senior Vice President / Chief Information Security Officer, Effective March 1, 2022