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 28, 2025
2. SEC Identification Number
A1997-9587
3. BIR Tax Identification No.
005-338--421-00
4. Exact name of issuer as specified in its charter
CITYSTATE SAVINGS BANK, INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
CITYSTATE CENTRE BUILDING, 709 SHAW BLVD., PASIG CITYPostal Code1600
8. Issuer's telephone number, including area code
0284703333
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
164,865,000
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 Senior Officers. Appointment of AVP officer.
Background/Description of the Disclosure
At its Regular Board Meeting held on October 28, 2025, the Board of Directors of Citystate Savings Bank, Inc. resolved to accept, with regrets, the resignations of the following officers:
1. Mr. Ruben N. Labrador, Chief Compliance Officer, with the rank of Assistant Vice President, effective November 15, 2025; and 2. Mr. John Emmanuel C. Garcia, Acting Head, Risk Management Department, with the rank of Senior Manager, effective November 21, 2025.
Furthermore, the Board of Directors approved the designation of Mr. Jesus Romeo Ayalin Rivera as Officer-in-Charge (OIC) to serve as Interim Chief Risk Officer of the Risk Management Department, with the rank of Assistant Vice President, effective November 22, 2025
Resignation/Removal or Replacement
Name of Person
Position/Designation
Effective Date of Resignation/Cessation of term (mmm/dd/yyyy)
Reason(s) for Resignation/Cessation
RUBEN N. LABRADOR
ASSISTANT VICE PRESIDENT
11/15/2025
PERSONAL MATTER
JOHN EMMANUEL C. GARCIA
SENIOR MANAGER
11/21/2025
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
JESUS ROMEO AYALIN RIVERA
ASSISTANT VICE PRESIDENT
10/28/2025
11/22/2025
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-
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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
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-
-
-
-
-
-
-
Other Relevant Information
Mr. Jesus Rivera is an experienced banking professional with a career spanning several institutions. He began his banking career at All Asia Capital and Trust Corporation (1996–2001). He later held various managerial roles at East West Bank Corporation (2001–2008), including positions in Corporate Banking and Risk Management. From 2008 to 2014, he worked at Philippine Bank of Communication as Head of the Credit Analysis Unit and AVP/Relationship Manager. He then joined Asia United Bank Corporation (2014–2016) as Senior Manager/Account Officer, followed by a role at Philippine Business Bank (2016–2020) in Lending and Special Projects under Corporate Banking. In August 2020, he joined Malayan Savings Bank as AVP and Head of the Credit Evaluation Unit, eventually becoming Chief Risk Officer and Head of the Risk Management Department. He will leave this position effective June 6, 2025. Mr. Rivera will join Citystate Savings Bank as Credit Department Head with the rank of Assistant Vice President on June 16, 2025.
Filed on behalf by:
Name
Jose De Leon
Designation
Vice President - Head of Legal Services and Regulatory Affairs Department, Data Privacy Officer and Assistant Corporate Secretary