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)

2. SEC Identification Number

3. BIR Tax Identification No.

4. Exact name of issuer as specified in its charter

5. Province, country or other jurisdiction of incorporation

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Postal Code

8. Issuer's telephone number, including area code

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

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 Shares	1,249,139,678

11. Indicate the item numbers reported herein

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.

Philippine National BankPNB

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
Appointment/Resignation of Senior Officers
Background/Description of the Disclosure
We wish to advise the Exchange that during its meeting held today, March 24, 2017, the PNB Board of Directors approved and confirmed the appointment/resignation of the following senior officers:

Resignation/Removal or Replacement

Name of Person	Position/Designation	Effective Date of Resignation/Cessation of term (mmm/dd/yyyy)	Reason(s) for Resignation/Cessation
John Howard D. Medina	First Senior Vice President and Sector Head of Operations and Information Technology Support Sector	Apr/16/2017	Personal Career Decision
Benjamin S. Oliva	First Senior Vice President and Head of the Global Filipino Banking Group	Apr/4/2017	End of Management Contract

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
Teresita U. Sebastian	Senior Vice President and Head of the Global Filipino Banking Group	Mar/24/2017	Apr/4/2017	10	0	N.A.

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
Further, the Board approved and confirmed the appointment of Mr. Roland V. Oscuro, SVP, as the Data Protection Officer (DPO) of the PNB Group, in compliance with Section 21 of RA 10173: Data Privacy Act of 2012. We trust you will take note accordingly. Thank you.