C04991-2021

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)
Jul 21, 2021
2. SEC Identification Number
A199701584
3. BIR Tax Identification No.
000005469606
4. Exact name of issuer as specified in its charter
PHILIPPINE BUSINESS BANK, INC., A Savings Bank
5. Province, country or other jurisdiction of incorporation
CALOOCAN PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
350 RIZAL AVE. COR. 8TH AVE., GRACEPARK, CALOOCAN CITY Postal Code 1400
8. Issuer's telephone number, including area code
8363-33-33 local 4004
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 643,750,094
11. Indicate the item numbers reported herein
ITEM NO. 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.

Philippine Business BankPBB

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

Designation and Appointment of Chief Compliance Officer

Background/Description of the Disclosure

Appointment of ATTY. SERGIO M. CENIZA as First Vice President and Chief Compliance Officer, effective July 21, 2021. Atty. Ceniza will also head the Bank’s Compliance Office. He has over 30 years of experience from the financial industry where he worked with insurance companies and banks, starting with Great Pacific Life Assurance Corporation, Philam Plans Inc, and then with BDO Universal Bank where he was also seconded to BDO Leasing & Finance Inc. as Head of Legal, Compliance & AML Compliance with the rank of Assistant Vice President.

Atty. Ceniza moved to First Metro Investment Corporation (part of Metrobank Group) in September 2012 as Deputy Chief Compliance Officer with the rank of Assistant Vice President. In June 2016, he was promoted to Vice President and was designated as Chief Compliance Officer, Chief AML Officer, and Data Privacy Officer. As CCO, he was over-all in-charge of formulating and implementing policies and procedures for the general operations of the company’s Compliance Program, including those in subsidiary units. He regularly reported to the Board, through the Corporate Governance Committee, the level of regulatory compliance of the organization and its subsidiaries. He also monitored and coordinated compliance activities of other companies within the group.

Atty. Ceniza is a Law professor at De La Salle University, Far Eastern University, University of the East, and Manila Law College. He is a regular lecturer in the Mandatory Continuing Legal Education (MCLE) of Chan Robles, Access MCLE and UP Institute of Judicial Administration. He is also a bar reviewer on Commercial Law. He is an active member of Association of Bank Compliance Officers (ABCOM) and is well-regarded in the industry.
He has a Bachelor's degree in Political Science and Bachelor of Laws degree from Far Eastern University. He is a candidate in Master of Laws from San Beda College-Graduate School of Law.

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
Atty. Sergio M. Ceniza First Vice President and Chief Compliance Officer Jul/21/2021 Jul/21/2021 - - -
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
Belinda B. De la Cruz Acting Chief Compliance Officer Compliance Officer and Head of Data Privacy Office Jul/21/2021 Jul/21/2021 - - -
Other Relevant Information

Please refer to the attached Amended SEC Form 17-C. We have amended the Background/Description of the Disclosure to comply with the requirement that for any appointment of an officer, i.e., to provide the qualification and business experience for the past five years of such person.

Filed on behalf by:
Name Rolando Alvendia
Designation VP - Chief Accountant