Digital resilience at the core of BancNet’s performance

MANILA, Philippines — BancNet Inc. has achieved major progress in strengthening digital resilience through the upgrade of infrastructure, improving security measures and enhancing disaster preparedness, according the company’s president.

BancNet president Fabian Dee said one of the key initiatives was the modernization of its primary data center to significantly boost capacity and ensure higher system availability.

These upgrades were critical in allowing the company to seamlessly manage the growing volume of electronic transactions it processes daily, while maintaining uninterrupted operations and high service levels.

“We made significant strides in bolstering our digital resilience through enhancements to infrastructure, security and disaster preparedness. A core element of enhancing resilience was modernizing our primary data center for increased capacity and availability,” Dee, who is also president and chief executive officer of Metropolitan Bank & Trust Co. (Metrobank), said.

Additional key strategic improvements were implemented to efficiently manage BancNet’s rising transaction volume, helping maintain continuous operations and consistently high service quality.

The company reported a 10 percent growth in total assets, reaching P1.88 billion, while total equity rose by six percent to P1.24 billion, driven by a net income of P90.63 million.

The shareholders of electronic banking consortium elected the company’s board of directors during their annual stockholders’ meeting held last month where BDO president Nestor Tan and Dee were reelected chairman and president, respectively,

Aside from Tan and Dee, also elected for the term 2025-2026 were Bank of Commerce president and CEO Michelangelo Aguilar, Philippine National Bank first vice president and operations head Reynaldo Burgos, Rizal Commercial Banking Corp. president and CEO Reginaldo Cariaso, Land Bank of the Philippines first vice president Grace Lovely Dayo, Development Bank of the Philippines president and CEO Michael de Jesus, Union Bank of the Philippines president and CEO Ana Maria Aboitiz Delgado, Standard Chartered Bank director Kathleen Charmaine Hernandez, Philippine Bank of Communications COO John Howard Medina, Security Bank executive vice president John Cary Ong, Asia United Bank senior vice president and IT head Albert Reyes, Bank of the Philippine Islands senior vice president and chief digital officer Alexander Seminiano, China Banking Corp. senior vice president and chief digital officer Manuel Tagaza and Equicom Savings Bank senior vice president and OIC Ajay Verma.

At the board’s recent organizational meeting, Cariaso was elected treasurer. BancNet officers appointed were Elmarie Reyes as CEO, Agnes Maranan as corporate secretary, Jennie Lansang as chief information officer, Arnel Lim as chief audit executive, Mabelyn Tagasa as deputy chief information officer, Roel Dennis Tan as chief risk and compliance officer Roseanne Tan as head of business and relationship management, Maricelle Austria as head of human resources and administration, Myra Privado as head of program and quality management, as well as Jonalyn Villasin as financial controller.

In the same meeting, the board also appointed Melanie Marie Aguirre of BPI, Reynaldo Burgos of PNB, Manish Chawla of UnionBank, Geronimo Alfred Crisologo of DBP, Janet Gamboa of Land Bank, Expedito Garcia Jr. of PBCom, Rainelda Graves of Equicom Savings Bank, Tomas Victor Mendoza of BDO, Wilfredo Rodriguez Jr. of AUB, Manuel Tagaza of Chinabank, Dennis Tangonan of Security Bank, Juan Gabriel Tomas of RCBC, Jay Velasco of Bank of Commerce, Angela Vagilidad of Standard Chartered Bank and Ramon Jaime Vivencio del Rosario of Metrobank as members of the Operations Committee.