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)

Jan 25, 2021

2. SEC Identification Number

17514

3. BIR Tax Identification No.

000-599-760-000

4. Exact name of issuer as specified in its charter

RIZAL COMMERCIAL BANKING CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

6819 Ayala cor. Gil J. Puyat Ave., Makati City Postal Code 0727

8. Issuer's telephone number, including area code

8894-9000

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	1,935,628,896

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.

Rizal Commercial Banking CorporationRCB

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Significant items approved by the Board of Directors at the regular meeting held on January 25, 2021
Background/Description of the Disclosure
Please be advised of the following significant items approved by the Board of Directors at the regular meeting held on January 25, 2021. 1. Election of Mr. Armando M. Medina as regular director, effective January 1, 2021 (subject to BSP/other regulatory approvals, as may be required). Mr. Medina served as an Independent Director of the Bank from 2003 to 2020. Mr. Medina is a member of the Executive Committee. He graduated from De La Salle University with a Bachelor of Arts degree in Economics and a Bachelor of Science degree in commerce with a major in Accounting. 2. Appointment of SVP Juan Gabriel R. Tomas, IV as Chief Risk Officer and Head of Risk Management Group, effective February 1, 2021 (subject to BSP/other regulatory approvals, as may be required). He is currently the Segment Head for Customer Support Services Segment in Operations Group and will take on the leadership of Risk Management Group as replacement of Mr. Frederick E. Claudio, EVP who resigned. Prior to joining RCBC, he was employed by Citibank, N.A. Philippines Branch where he handled roles significant lead roles for Capital Markets and Custody and Treasury Services. He previously worked also at Deutsche Bank AG Manila on Consultancy engagement where he designed reengineered processes for the Financial Controllers Unit of the Philippine branch. His career started with Accenture (formerly Andersen Consulting), Manila Consulting Office in 1994 where he was a Consultant for the Process Competency Group. Mr. Tomas is a graduate of Ateneo De Manila University where he obtained a degree in Bachelor of Science in Management in 1993. He finished his Masters in Business Management major in Finance at the Asian Institute of Management in 2001.
Other Relevant Information
Please see attached.