C07891-2024

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)
Dec 12, 2024
2. SEC Identification Number
ASO94-002733
3. BIR Tax Identification No.
003-921-057-000
4. Exact name of issuer as specified in its charter
East West Banking Corporation
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
The Beaufort, 5th avenue corner 23rd St. Bonifacio Global City, Taguig Postal Code 1634
8. Issuer's telephone number, including area code
+632 8575-3888
9. Former name or former address, if changed since last report
NA
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 2,249,975,411
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.

East West Banking CorporationEW

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

Hiring/Appointment of Senior Officer and Promotion of Senior Officers
Background/Description of the Disclosure

Please be informed that the Board of Directors of East West Banking Corporation (“the Bank”), in its regular meeting today, 12 December 2024 approved the following:

1. The appointment of Mr. Noli S. Gomez as Executive Vice President / Head, Operations Cluster, effective January 2, 2025. Mr. Gomez does not own any shares with Eastwest Bank.

Noli has three decades of extensive working experience in the banking industry showcasing strong leadership skills and expertise in strategic business and IT planning and the ability to drive change. He served as the EVP-Head of Operations Group at Philippine Savings Bank, where he played a crucial role on the senior management team, overseeing credit and collection, loan operations, treasury and remittance operations, support services, and process management. He also had the privilege to serve as a director of Sumisho Motor Finance, and member of various PSBank committees: ALCO, Credit, Personnel, IT Steering, Anti-Money Laundering and Outsourcing. He held various significant positions in the financial industry including Risk Management Head at DBS Bank Philippines, Department Head of Systems and Methods at Bank of Southeast Asia, AVP-Systems Management at BPI, and as a Systems Planning and Development Officer in Citytrust Banking Corporation where he started his career in 1994. Noli holds a Bachelor of Science in Civil Engineering degree from Mapua, where he placed 3rd in the Civil Engineering Board in 1986.

2. The promotion Mr. Alastair De Lara, Head, Personal Loans and Consumer Sales and Support from First Vice President to Senior Vice President effective January 01, 2025. Mr. De Lara does not own any shares with Eastwest Bank.

Before joining EW, Mr. De Lara had combined 9 years of banking experience (Citibank, Standard Chartered Bank, Planters Development Bank and Philippine National Bank). He was hired in EW in 2008. Mr. De Lara built the Personal Loan (PL) Business from the ground up in 2011. He grew PL as the top personal loan provider in the country in 2017-2019, and helped grow the Cards Business. In 2020, Mr. De Lara took on an expanded role, from oversight of PL Business and Card Sales to have leadership over the following: PL Business, Real and Other Properties Acquired (ROPA) Sales, Appraisal and Credit Services, Store Sales, Cross Sell, Emerging Enterprise Loans (EEL) and VisMin Consumer Lending Sales. This complex role required familiarity on all four consumer products and encompasses both account generation and servicing. Mr. De Lara’s last promotion was in 2018, from VP to FVP.

3. The promotion Mr. Glenn Conrad Jao, Chief Trader, Treasury from First Vice President to Senior Vice President effective January 01, 2025. Mr. Jao does not own any shares with Eastwest Bank.

Mr. Jao’s vast experience in financial markets includes stint with International Exchange Bank, Security Bank, United Coconut Planters Bank and Philippine Savings Bank. He joined EW in 2018 as Chief Trader for Treasury, with an equivalent rank of VP. In 2020, he created the Bank’s Investment Policy which was also adopted by East West Insurance Brokerage (EWIB). From 2020 to 2022, he spearheaded the review and revision of the Bank’s business model for Debt Securities. Also, in 2020, he created position papers which were approved by the regulators for the sale of HTC (Hold-to-Collect). Mr. Jao was also instrumental in the Bank’s successful maiden bond issuance in 2020. Mr. Jao’s last promotion was in 2019, from VP to FVP.
Resignation/Removal or Replacement
Name of Person Position/Designation Effective Date of Resignation/Cessation of term
(mmm/dd/yyyy)		 Reason(s) for Resignation/Cessation
- - - -
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
Noli S. Gomez EVP and Operations Cluster Head Dec 12, 2024 Jan 02, 2025 - - -
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
Alastair S. De Lara First Vice President Senior Vice President Dec 12, 2024 Jan 01, 2025 - - -
Glenn Conrad N. Jao First Vice President Senior Vice President Dec 12, 2024 Jan 01, 2025 - - -
Other Relevant Information

Please see attached SEC Form 17-C
Filed on behalf by:
Name Vincent Villanueva
Designation Finance Officer