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)

Oct 20, 2017

2. SEC Identification Number

28788

3. BIR Tax Identification No.

000-473-966

4. Exact name of issuer as specified in its charter

MAKATI FINANCE CORPORATION

5. Province, country or other jurisdiction of incorporation

METRO MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

3/F MAZDA MAKATI BLDG. 2301 DON CHINO ROCES AVE., BRGY. MAGALLANES, MAKATI CITY Postal Code 1231

8. Issuer's telephone number, including area code

632-7518132

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

2/F MAKATI FINANCE BLDG. 7823 MAKATI AVENUE, MAKATI CITY

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	223,412,301

11. Indicate the item numbers reported herein

ITEM 4

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.

Makati Finance CorporationMFIN

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 OF DIRECTOR AND ELECTION OF NEW DIRECTOR
Background/Description of the Disclosure
During the Board Meeting, the Chairman advised the Board that he received the resignation of Jose V. Cruz as a member of the Board of Directors. The Board formally accept his resignation. Thereafter, Mr. Robert Charles M. Lehmann was nominated and elected as Director for the unexpired term of Mr. Cruz. Mr. Robert Charles “Bob” M. Lehmann was elected as Director of Makati Finance Corporation. He is 62 years old, Filipino, is currently the President and CEO of Amalgamated Investment Bancorporation (AIB). Also, Mr. Lehmann is concurrently a Director of Philippine Eagle Foundation. He has served 24 years in the banking industry in various senior positions here and abroad. His last position being the Executive Vice President of Security Bank. Prior to that, he was with Standard Chartered Bank in the region for many years, after several Philippine Country Manager positions with American and U.K. banks. A graduate of Ateneo High School, he has an undergraduate degree in B.S. International Business and a Masters in Business Administration from the University of San Francisco.

Resignation/Removal or Replacement

Name of Person	Position/Designation	Effective Date of Resignation/Cessation of term (mmm/dd/yyyy)	Reason(s) for Resignation/Cessation
JOSE V. CRUZ	DIRECTOR	10/20/2017	EARLY RETIREMENT

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
ROBERT CHARLES M. LEHMANN	DIRECTOR	10/20/2017	10/20/2017	-	-	-

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
-	-	-	-	-	-	-	-

Other Relevant Information
Please be informed that Mr. Robert Charles M. Lehmann beneficial ownership with the Makati Finance Corporation is under process. The Company will amend this disclosure as soon his shares will be approved.