Survive and Thrive Series:
Finance Business Restructuring
During and After a Crisis
Participation in this webinar meets the recommended best practices for continuing directors education prescribed by the Securities and Exchange Commission (SEC).
COVID-19 has become a global pandemic bringing detrimental effect on economies and businesses. While faced with the challenges from the pandemic, companies turn to banks for solutions to ensure its survival. Banks play an important role to help the economy remain resilient. But banks have their own challenges, as they may be faced with demand in corporate loans, bad loans and slow credit growth. In this scenario, banks are responding with innovative solution about how they can help their customers deal with the impacts of COVID-19.
The Institute of Corporate Directors presents “Finance Business Restructuring During and After a Crisis”, a webinar that discusses the impacts of COVID-19 in the banking industry and companies. The webinar will highlight the following discussions:
• How has COVID-19 impacted the Philippine economy and what will it look like post-COVID?
• Traditional Banking is challenged, contactless payment and digital banking is the new trend
• Will the pandemic impact and deteriorate banks’ credit losses?
• How can the banking industry withstand the effects of the pandemic and continue to create value to their customers?
• How can companies work best with banks and other financial institutions to help with their own financial distress?
The webinar will include a panel discussion with Dr. Cielito Habito, former Director-General, NEDA & Chairman, Brain Trust, Inc., Mr. Eugene Acevedo, Chief Executive Officer, Rizal Commercial Banking Corporation; Mr. Paul Lazaro, Senior Vice President, Development Bank of the Philippines, Mr. Tomas Gomez IV, President and Chief Executive Officer, GM Bank of Luzon, Inc. and Ms. Imelda Tiongson, CEO of Opal Ventures and ICD Trustee. Moderating the panel is Ms. Sherisa Nuesa, President of ALFM Funds Group and ICD Trustee.
The panelists are composed of Philippine bank representatives who will discuss programs and initiatives taken by commercial, government and rural banks to deal with the impacts of the pandemic
This session is free.
10:00 AM - 10:05 AM
10:05 AM - 10:35 AM
10:35 AM - 11:30 AM
11:30 AM - 11:55 AM
11:55 AM - 12:00 NN
*Program is subject to change
Opening Ceremonies, House Rules, Welcome Remarks, Introductions
Restructuring and Recovery: Why, What, How
Dr. Cielito F. Habito
Chairman, Brain Trust Inc.
Ms. Ida C. Tiongson
Trustee, Institute of Corporate Directors
Mr. Eugene Acevedo
Chief Executive Officer, Rizal Commercial Banking Corporation
Mr. Tomas Gomez IV
President and Chief Executive Officer, GM Bank of Luzon, Inc.
Mr. Paul D. Lazaro
Senior Vice President – Lending Program Management, Development Bank of the Philippines
Mr. Liduvino S. Geron
Executive Vice President - Agricultural & Dev Lending, Land Bank of The Philippines
Moderated by: Ms. Sherisa Nuesa
Closing and Announcements
23 June 2020, Tuesday | 10:00 AM - 12:00 NN (Open for ICD Members and Non-Members)
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MS. IDA C. TIONGSON
Trustee and Teaching Fellow
Institute of Corporate Directors
Ms. Tiongson is CEO-President of a multi-billion Special Purpose Vehicle company OPAL Portfolio Investments (SPV-AMC) Inc – which is an ING-formed company in charge of distressed assets and turning around businesses. She started as a traditional banker spanning 22 years of experience with National Australia Bank as Senior Lending Officer and Philippine National Bank, last position was SVP heading Remedial Management.
She lectures at Ateneo Graduate School of Business on topics Corporate Finance-Mergers and Acquisitions, Loan Structuring, Problem Loan Management and Corporate Rehabilitation. She also sits in various boards including publicly listed tech company Xurpas Inc. and Fin Tech Global Resources Inc (Singapore tech based) as well as trustee of several organizations like Institute of Corporate Directors, Fintech Alliance Philippines, Fintech Philippines Association, and more. She is a graduate of Business in Accountancy at RMIT Australia and obtained a perfect score in Accounting for Bankers in exam.
She has also provided inputs in several business laws including the Financial Rehabilitation and Insolvency Act, Revised Corporation Code and portions of the Bayanihan Act 11469.
DR. CIELITO HABITO
Brain Trust Inc.
Former Secretary of Socioeconomic Planning
National Economic Development Authority
Dr. Habito served as Secretary of Socioeconomic Planning heading the National Economic and Development Authority in the Cabinet of President Fidel V. Ramos in 1992-1998. He is currently Professor of Economics at the Ateneo de Manila University, and Senior Fellow and former Director of the Ateneo Center for Economic Research and Development. He is also Chairman of consultancy firm Brain Trust Inc. His op-ed column “No Free Lunch” appears twice weekly in the Philippine Daily Inquirer. A Fellow of the Institute of Corporate Directors, he has served in the boards of First Gen, Sun Life Financial, Manila Water Company, Metrobank, Metrobank Card Corporation, Steelcorp and Philsteel Holdings, among others. He holds a Ph.D. and M.A. in Economics from Harvard University, Master of Economics from the University of New England (Australia), and B.S. in Agriculture (Major in Agricultural Economics) Summa cum Laude from the University of the Philippines.
MR. PAUL D. LAZARO
Development Bank of the Philippines
Paul D. Lazaro has thirty-nine years of solid experience in banking and management both in the private and public sectors. Twenty-seven years of development banking with the Development Bank of the Philippines (DBP) and 12 years stint in a private commercial bank. He started his career in DBP in 1991 as an Assistant Manager and gradually assumed higher positions until his current designation as Senior Vice President and Group Head, Lending Program Management Group of the Development Bank of the Philippines. He previously served as Alternate Board Member of the National Renewable Energy Board, Alternate Board Member of the Maritime Industry Authority Board and Board Member of the DBP Service Corporation. Prior to DBP, he started his banking career with a private commercial bank and held various positions.
He obtained his Bachelor of Science degree from the University of Santo Tomas and underwent in the same school for his Master’s in Business Administration. He also took up his Certificate in Business Economics at the University of Asia and the Pacific. He is a Career Service eligible – Professional level and a Career Executive Service Officer - Rank V and a licensed Environmental Planner.
MR. LIDUVINO S. GERON
Executive Vice President - Agricultural & Dev Lending
Land Bank of The Philippines
Mr. Geron has spent more than two decades in LANDBANK, holding various positions that equipped him with the experience and competence to lead the Bank’s Agricultural and Development Lending Sector. From a management trainee in 1994, he rose from the ranks and has headed different units, including the Bank’s Visayas Branches Group, Lending Program Management Group, Credit Policy Department, Strategic Planning Group, and, most recently, the Branch Banking Sector.
Mr. Geron earned his degree in Agricultural Engineering from the University of the Philippines – Los Baños and pursued his master’s degree in Systems Agriculture at the University of Western Sydney which he completed in 1992.