Rizal Commercial Banking Corp. (RCBC) has appointed Reginaldo “Reggie” Cariaso as its new president and chief executive officer, effective today. The move marks a pivotal leadership transition as the bank positions itself for continued digital and customer-centric growth.
Cariaso succeeds Eugene S. Acevedo, who is retiring from executive duties after a transformative tenure but will remain on the RCBC Board of Directors.
A veteran in institutional banking and capital markets, Cariaso brings nearly 30 years of leadership experience from institutions such as the Bank of the Philippine Islands and JP Morgan Hong Kong. He previously led RCBC’s Operations Group and served as Deputy CEO earlier this year, overseeing strategic initiatives to enhance service delivery and operational efficiency.
In his new role, Cariaso is expected to drive RCBC’s digital transformation agenda, focusing on integrating data intelligence and enterprise systems to elevate the banking experience. “We will build more seamless connections to deliver relevant, timely, and intuitive financial solutions,” Cariaso stated, outlining a strategy to move beyond traditional banking toward scalable, technology-driven services.
RCBC emphasized that Cariaso’s appointment reflects a deliberate and forward-looking succession plan, reinforcing the bank’s commitment to innovation, inclusive finance, and long-term stakeholder value in a rapidly evolving financial landscape.