C01071-2017

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)
Feb 24, 2017
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 9

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 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 Treasurer, and Atty. Ria Carmela R. Cruz as Assistant Corporate Secretary of the Corporation to take effect upon the qualification of their successors.
Likewise, in view of the foregoing resignations, the Board elected Ms. Herminia Musico as Treasurer, to replace Mr. Jonathan C. Ng and Atty. Christine Marie D. Aragones as Assistant Corporate Secretary to replace Atty. Ria Carmela R. Cruz, and to serve as such for the unexpired terms of their predecessors, and until such time that their successors are duly elected and qualified. Their qualifications and experience were duly deliberated and endorsed by the Nomination Committee in an earlier meeting and their election shall be subject to the approval of the BangkoSentral 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 Treasurer 02/24/2017 due to mounting pressure of equally important work and responsibilities as President of Republic Biscuit Corporation
Ria Carmela R. Cruz Assistant Corporate Secretary 02/24/2017 to seek other employment opportunities
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
Herminia C. Musico Treasurer 02/24/2017 02/24/2017 16,200 0 NA
Christine Marie D. Aragones Assistant Corporate Secretary 02/24/2017 02/24/2017 - - "-"
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 "-" "-" "-" "-" - - "-"
Other Relevant Information

N/A

Filed on behalf by:
Name Kristel Guto
Designation Corporate Planning Officer