China Banking Corporation promotes Richard S. Borja to First Vice President II

China Banking Corporation (Chinabank) has announced the promotion of Richard S. Borja to the position of First Vice President II, effective February 1, 2026. The decision was approved by the bank’s Board of Directors during its regular meeting held on January 7, 2026.

Borja currently serves as Division Head for the Centralized Operations Group within the International Division under the Enterprise Services Segment of China Banking Corporation. In his expanded role as First Vice President II, Borja will continue to oversee key operational and international initiatives, ensuring efficient management and execution of the bank’s enterprise services strategies.

Speaking on the promotion, the bank’s management noted that Borja has demonstrated strong leadership and operational excellence throughout his tenure, contributing significantly to the bank’s growth and service quality. His experience managing centralized operations and international banking functions has been crucial in supporting the bank’s expansion and customer service objectives.

China Banking Corporation, established in 1920, is one of the Philippines’ oldest universal banks and a prominent player in commercial and international banking. The bank has a long-standing reputation for corporate governance, operational efficiency, and commitment to innovation in financial services.

This promotion is part of Chinabank’s broader effort to strengthen its senior leadership and executive bench, ensuring the bank has the talent and expertise to meet strategic goals in an increasingly competitive banking sector. The bank has been actively recognizing and rewarding leaders who demonstrate technical proficiency, strategic insight, and the ability to drive growth across multiple business segments.

Borja’s elevation to First Vice President II also reflects Chinabank’s focus on retaining experienced executives who can navigate both domestic and international banking operations while maintaining high standards of service and compliance.

The bank has not disclosed additional changes to its senior management team in this announcement but reiterated that it continues to invest in leadership development and succession planning across its divisions.

China Banking Corporation’s shareholders and stakeholders have welcomed the move, noting that promotions like these ensure continuity, strengthen governance, and reinforce the bank’s operational efficiency.