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Paul Arnaldo Favila, who was appointed last month as Citi Philippines CEO and country head, has finally stepped out of the shadow of his well-known father, current Monetary Board member Peter S. Favila.
American banking giant Citigroup has named veteran banker Paul Favila as the CEO and country head for the Philippines, replacing Aftab Ahmed who was assigned to Taiwan in January.
CITIGROUP Inc. announced last March 1 it has appointed Paul Raymond Favila, a 29-year veteran of the foreign bank as new Citi Philippines CEO and Country Officer subject to regulatory confirmation. Favila replaces Aftab Ahmed who was appointed Citi Taiwan CEO this January. Favila is currently Head of Markets, in…