China Banking Corp. has reshuffled its senior leadership, appointing new heads for compliance and corporate banking as the lender strengthens its governance and institutional banking operations amid an increasingly stringent regulatory environment.
The bank named Narlette D. Manacap-Jaravata as senior vice president and chief compliance and governance officer, effective July 16, succeeding Aileen Paulette S. De Jesus, who retired on June 30 after serving as the bank’s top compliance executive.
De Jesus will remain with the bank in an advisory capacity, serving as compliance group adviser beginning July 16, following a one-month contractual engagement ending July 31 to ensure a smooth leadership transition.
Manacap-Jaravata brings more than two decades of experience in banking and insurance compliance. She previously served as chief country compliance officer, head of the anti-money laundering team, and data protection officer at Citibank N.A. Philippines, and earlier held legal roles at Philippine AXA Life Insurance Corp. and Bank of the Philippine Islands.
Separately, the board appointed Gabriel Q. Villaluz III as first vice president and head of Corporate Banking Division 2 under the institutional banking segment, effective June 8. A Chartered Financial Analyst, Villaluz has more than 30 years of experience spanning corporate finance, investment banking, portfolio management, and business development, including leadership roles at Ayala Corp., ACEN Corp., ING Bank, and BPI Capital.
The board also promoted Katherine N. Manguyat, Metro Manila East regional head under the retail banking business segment, to first vice president effective Aug. 16.
The appointments come as banks continue to strengthen compliance, governance, and corporate banking capabilities in response to evolving regulatory requirements, heightened anti-money laundering standards, and growing demand for corporate financing, underscoring the strategic importance of experienced leadership in sustaining growth and managing risk.
