Board of Directors

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Chairman

Mr. Dulip Rasika Samaraweera has 2 decades of experience in the Financial Services Sector with extensive experience in the fields of financial management, strategic planning, process improvement, investments and acquisitions. A passed finalist of Chartered Institute of Management Accountants (UK) and holds a BSc in Physical Sciences specializing in statistics from the University of Sri Jayawardenepura, Sri Lanka

Mr. Dulip commenced his career in 2004 as an Investment Researcher prior to joining the LOLC Group in 2007 where ‌he gained much experience serving in a variety of positions before taking up a senior management position tasked with the global business expansion of the LOLC Group, primarily in banking and financial services.

Mr. Samaraweera currently operates as the Chairman of LOLC BANK PHILIPPINES Inc. whilst holding board positions in deposit-taking regulated financial institutions, non-deposit taking regulated financial institutions as well as non-financial services companies, and investment holding companies of the LOLC Group.

Vice Chairman

Mr. Julio Sy, Jr., Filipino 58 was re-elected as Vice Chairman of the board of the bank on April 23, 2018, a post he has held since 2010. He is concurrently a member of the Bank’s Executive Committee. Outside of his bank’s responsibilities, he is the Chairman and President of Tao Corporation, Chairman of Tao Foods Company, President of PYC Foods, Chairman of JR & R Distributors Inc. Chairman of New Marketlink Pharmaceutical Corp and Health Solutions Enterprises Inc. He serves as a director in Children’s Protection Network Foundation.
 

He received his Bachelor Science- Business Management Honors degree from the Ateneo de Manila University in 1984 and his trainings including Corporate Governance from the Institute of Corporate Directors, Strategic and Corporate Planning, Budget & Planning and Risk Management.

Director

Mr. Conrad Dias is the CIO of the LOLC Group and the Co-founder/ Director of iPay. He holds a Master of Business Administration from the University of Leicester and is a Fellow of the Chartered Institute of Management Accountant, a Chartered Global Management Accountant and a Fellow of British Computer Society and Fellow Member of Certified Management Accountant of Sri Lanka. Mr. Dias counts over 25 years of experience and processes domain expertise in sectors such as Trading, Banking and Finance, Assets Management and Manufacturing. In recognition of his contributions to the LOLC Group, and the local IT Industry as a whole, Conrad was awarded the CSSL CIO of the year in 2016. He was also awarded the professional Excellence Award 2017 at the event organized by Institute of Certified Management of Accountant of Sri Lanka.

Director

Mr. Remigio V. Tan, Jr. Filipino, 69, is currently a Director and formerly Chairman of the Board from 2015 to 2019. He is President of JR and R Distributors, Inc. (since 1993) and Megavia Motor Company Inc. (since 2010). He holds Directorships with the following companies: Macro-Distributors Inc. (since 1985), Dag Xpress Courier, Inc. (since 2011), Nippon Premium Bakery (since 2017) and PYC Foods Corp. (since 2019). He worked as a Credit Analyst at Far East Bank and Trust Co. (from 1974 to 1976) and Loans and Credit Manager of The Bank of Tokyo, Ltd., Manila Offshore Banking Unit (from 1979 to 1991.)

He received his AB/East Asian Studies Communication/Business Administration from De La Salle College, Manila in 1974 and completed his Masters in Business Administration from Sophia Univeristy Tokyo, Japan in 1979. His trainings included Corporate Governance for Directors, Strategic and Corporate Planning, Budget and Planning and Risk Management.

Director

Mr. Gregorio V. Rubio  Filipino, 73, elected as Independent Director in November   2019, and officially confirmed by the   Bangko Sentral ng Pilipinas in June 2020. Appointed as Chairman of the   Audit Committee. 

Mr. Rubio has   extensive banking experience in the areas of Treasury, Investments , and Consumer Banking having held various   responsibilities in the Back Office Support Units, Training and Career Management Division and   as Chief Compliance Officer.

SECURITY BANK   CORPORATION – 1999 to 2013

Senior Vice-President , Head of Treasury Operations, Financial Control Division, Branch Banking Operations, Training and   Career Management Division and the Chief Compliance Officer.

Retired in 2013,   continued to perform training consultancy arrangement until March 2020.

PHILIPPINE COMMERCIAL   AND INTERNATIONAL BANK ( now Banco de   Oro ) – 1994 to 1999

First Vice-President   , Group Head of Operations comprising   of Trade, Loans, Treasury and Investment Bank Business composed of Investment Capital and Stock Brokerage.

CITIBANK, NA, – 1970 to 1994

Vice-President , held   various responsibilities in the back office operations of Clearing, Internal   Control and Treasury Operations Department.

Graduated from the   University of Santo Tomas, with a degree of Bachelor in Science Major in   Accounting, and is a Certified Public   Accountant.

Director

Mr. Herminio J. Matute is a Certified Public Accountant and graduate of the Laguna College of Business and Arts, with a degree in Bachelor of Science in Commerce, Major in Accounting. He gained experience in the banking industry with stints in the following banks holding Senior Management positions:  PNB Savings Bank, Security Bank Corporation, Philippine Banking Corporation, Bank of Makati, and Northpoint Development Bank. He was a Director of the Bankers Institute of the Philippines and has been a chairman of various committees of the same institution. His recent assignment was with PNB Savings Bank as the Bank’s Head of Operations and BCP Director. PNB Savings Bank is a wholly-owned subsidiary and the consumer arm of the industry-leader and century-old Philippine National Bank.    After his retirement, he is now engaged as an Independent Consultant/Advisor here and abroad. He is a senior consultant of ANC+ Group of Companies, one of the largest multi-brand car dealers in the country 

 President/Director

Mr. Roman G. Leus is a Double Degree holder, from the Ateneo de Manila University finishing his Bachelor of Arts Major in Economics and his second degree at the De la Salle University, Bachelor of Science Major in Accounting.  A  Certified Public Accountant having passed the board licensure exams.  He obtained his Masters of Business Administration at the Ateneo Graduate School of Business. In addition, got his PhD – Management graduate from the International Academy of Management and Economics and a consistent Deans Lister.

Roman  has been  with the banking industry for the last 34 years, with vast experience  having been assigned in Internal Audit;  Commercial Banking; Japanese Banking;  Corporate Banking, and Treasury  Division as Head of the FX and FX Derivatives Sales Division. 

At present, he is the President and CEO of LOLC Bank Philippines Inc. (A Thrift Bank) and a Board of Trustee of the Chamber of Thrift Banks.  

Director

Mr. Shehan Senevirathna is an expatriate employee and having joined LOLC Bank Philippines in October 2019 and appointed as the Head of Channels & Business Development with the takeover by the LOLC Group. An oriented Banking Professional with over 15+ years of diversified experience ranging Marketing & Sales, Credit & Recovery Management and Finance. 

Mr. Shehan has worked in organizations of repute like Union Bank Plc, NDB Bank and Hatton National Bank PLC prior to joining the LOLC Group in 2008. He holds a Diploma in Applied Banking & Finance with Institute of Bankers of Sri Lanka