C06868-2024

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 29, 2024
2. SEC Identification Number
A1997-9587
3. BIR Tax Identification No.
005-338-421-000
4. Exact name of issuer as specified in its charter
Citystate Savings Bank, Inc.
5. Province, country or other jurisdiction of incorporation
Makati City, Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Citystate Centre Building, 709 Shaw Blvd., Pasig City Postal Code 1600
8. Issuer's telephone number, including area code
632-8470-3333
9. Former name or former address, if changed since last report
N/A
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 161,800,000
11. Indicate the item numbers reported herein
Item No. 4 only

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.

Citystate Savings Bank, Inc.CSB

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 a Senior Officer
Appointment of Digital Banking Unit Head

Background/Description of the Disclosure

In today’s Regular Board Meeting, the Board of Directors of Citystate Savings Bank, Inc. notes and accepts, with regrets, the resignation of Ms. Elgie Christine P. Villacorta as Digital Banking Unit Head/Assistant Vice President of the Bank effective 30 October 2024.

Further, the Board of Directors of Citystate Savings Bank, Inc., approves the appointment of Ms. Ma. Joyce G. Zarate as Digital Banking Unit Head with the rank of Vice President effective 30 October 2024.

Resignation/Removal or Replacement
Name of Person Position/Designation Effective Date of Resignation/Cessation of term
(mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
Ms. Elgie Christine P. Villacorta Assistant Vice President/Digital Banking Unit Head 10/30/2024 Career Opportunity
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
Ms. Ma. Joyce G. Zarate Vice President/Digital Banking Unit Head 10/29/2024 10/30/2024 - - -
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

The summary of the qualifications and business experiences of the appointed officer are as follows:

Ms. Ma. Joyce De Guzman Zarate has a degree in BA in Economics with minor studies in Mathematics from the University of the Philippines Diliman. She completed nine (9) units in MA Economics from Ateneo de Manila University.

Ms. De Guzman Zarate was Vice President and Head for Product Development & Management (Deposit & Loan product categories and Digital Banking) at Philippine Business Bank (PBB) from February 2018 to 2024. She also headed the Digital Banking Project of the Bank.

Before joining PBB this, she worked as Division Head for Marketing, Communications and Customer Service for China Bank Savings from September 2015 to February 2018. She also worked as Department Head for Product Development & Management for Planters Development Bank (Plantersbank) from October 2011 to September 2015.

She was assigned Head for Marketing Communications in EastWest Bank from August 2009 to October 2011. Prior to her assignment in EastWest, she was Head of Marketing Services in AIG Philam Bank from 2006 until its merger with EastWest Bank in 2009.

She was Head for Product Management & Marketing Department in Plantersbank from December 2005 to September 2006.

She served as Department Head for Corporate Relations at United Overseas Bank Philippines (formerly Westmont Bank) from 1995 to 2005. She functioned as Department Head for Corporate Relations for Westmont Bank Head Office from 1994 to 1998.

She was Division Chief for Marketing at Philippine National Bank - Head Office, Escolta from 1991 to 1993. She also worked as Staff Writer and PR Assistant for the same bank.

Filed on behalf by:
Name Pompeyo Claveria
Designation VP/Chief Compliance Officer