The Bank of the Philippine Islands (BPI) marked a significant milestone this month with the opening of BPI Wealth Singapore, a wholly owned subsidiary located in the heart of Marina Bay. The launch underscores BPI’s commitment to serving Filipino and regional clients by expanding its presence in one of the world’s leading financial hubs.
The event was attended by dignitaries from both countries, including Philippine Ambassador to Singapore Medardo Macaraig, Monetary Authority of Singapore Executive director Phua Wee Ling, BPI chairman Jaime Augusto Zobel de Ayala, and BPI president and CEO Jose Teodoro “TG” Limcaoco. Key figures from BPI Wealth Singapore also joined, including CEO Christmas Sevilla and deputy chairman Maria Theresa D. Marcial.
Limcaoco emphasized BPI’s legacy of nearly 175 years, calling the new office “a bridge—connecting the Philippines and Singapore, our clients to global markets, and our heritage to the future.”
Zobel de Ayala added, “Singapore is where next-generation wealth conversations are happening… By being here, we reinforce our ability to connect the Philippines to the region, and to the world.”
Beyond business, the office highlights BPI’s commitment to cultural heritage. Designed with elements of Filipino craftsmanship—such as timber balustrades and curated Philippine art—the space reflects the Bank’s belief in wealth as a legacy. Featured works include pieces by Fernando Zóbel, Arturo Luz, and Pacita Abad, with Zóbel’s work aligning with his current retrospective at Singapore’s National Gallery.
“This is about more than expansion,” said Marcial. “It’s about growing with our clients, while honoring the values and heritage that define true wealth.”
The launch comes as BPI approaches its 175th anniversary in 2026, signaling a continued vision to bridge the Philippines with the world in both finance and culture.
