With the growing concern about climate change and rising energy costs, more and more companies in the Philippines are racing to put electric vehicles (EV) on the road. Compared to traditional cars that use internal combustion engines, EVs are marketed to be one of the more efficient tools toward carbon neutrality and over the long-term, an escape route from skyrocketing oil prices.
Ex-IBMer takes helm at BPI, wants it to become ‘undisputed leader in digital banking’
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Jose Teodoro “TG” Limcaoco, a math major who worked briefly for IBM Philippines but spent almost his entire corporate career at the Ayala Group, has assumed his new role as president and CEO of BPI, the country’s second largest bank.
BPI president and CEO Jose Teodoro “TG” Limcaoco
During his first press briefing as the bank’s head honcho, Limcaoco made it clear that he wants to make BPI the “clear and undisputed leader in the banking space”.
Limcaoco said he intends to achieve this goal by building on the digitalization initiatives laid down by former CEO Cesar “Bong” Consing, who presided over the bank’s rapid digital transformation, particularly during the pandemic.