SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Dec 20, 2016

2. SEC Identification Number

A-1997-18963

3. BIR Tax Identification No.

005-011-651-000

4. Exact name of issuer as specified in its charter

ASIA UNITED BANK CORPORATION

5. Province, country or other jurisdiction of incorporation

Pasig City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Joy-Nostalg Center No. 17 ADB Avenue, Ortigas Center, Pasig City Postal Code 1600

8. Issuer's telephone number, including area code

(632) 631-3333 / (632) 638-6888

9. Former name or former address, if changed since last report

Not Applicable

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Stock	485,310,538

11. Indicate the item numbers reported herein

Item 4 b.

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Asia United Bank CorporationAUB

PSE Disclosure Form 4-8 - Change in Directors and/or Officers
(Resignation/Removal or Appointment/Election)
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Resignation and Election of Directors and Officers
Background/Description of the Disclosure
At the meeting of the Board of Directors held today, the Bank accepted the resignation of Mr. Jonathan C. Ng as Director, effective upon qualification of his successor. Likewise, in view of the vacant seat in the Board and there being a quorum, the Board elected Mr. Lin Hong Dow as Director to replace Mr. Jonathan C. Ng, to serve as such for the unexpired term of his predecessor and until such time that his successor is duly elected and qualified. The qualifications and experience of Mr. Lin was duly deliberated and endorsed by the Nomination Committee in an earlier meeting and their election shall be subject to the approval of the Bangko Sentral ng Pilipinas after duly complying with its requirements.

Resignation/Removal or Replacement

Name of Person	Position/Designation	Effective Date of Resignation/Cessation of term (mmm/dd/yyyy)	Reason(s) for Resignation/Cessation
Jonathan C. Ng	Director	12/20/2016	Due to mounting pressure of equally important work and responsibilities as President of Republic Biscuit Corporation.

Election or Appointment

Name of Person	Position/Designation	Date of Appointment/Election (mmm/dd/yyyy)	Effective Date of Appointment Election (mmm/dd/yyyy)	Shareholdings in the Listed Company		Nature of Indirect Ownership
				Direct	Indirect
Lin Hong Dow	Director	12/20/2016	12/20/2016	15	90,000,000	Stockholder of Kuo Yu Philippines Holdings Corporation

Promotion or Change in Designation

Name of Person	Position/Designation		Date of Approval (mmm/dd/yyyy)	Effective Date of Change (mmm/dd/yyyy)	Shareholdings in the Listed Company		Nature of Indirect Ownership
	From	To			Direct	Indirect
N/A	N/A	N/A	N/A	N/A	0	0	N/A

Other Relevant Information
N/A