Filipino, 65 years old, was elected as independent director of BPI in April 2024. He is currently a member of the Risk Management Committee and Audit Committee. He is also an Independent Director of ACE Enexor Inc since April 2021 and ALFM Mutual Funds effective January 2022. He served as an Independent Director of ACEN from April 2020 to April 2021. After working with Ayala Investments and Development Corporation (1979-1981) and Family Savings Bank (1981-1989), Mr. Paner joined BPI in 1985, when the Bank acquired Family Bank & Trust Company, Inc. In 1989, he joined Citytrust, then the consumer banking arm of Citibank in the Philippines, which BPI also acquired in 1996. He was the Treasurer and head of BPI’s Global Markets Segment, responsible for managing the Bank’s interest rate and liquidity gaps, as well as its fixed income and currency market-making, trading, and distribution activities– in the Philippines and abroad until his retirement in 2019. Prior to this, he was responsible for other businesses of the bank, including, Asset Management, Remittance, Overseas and Private Banking.
He was Chairman of the BPI’s Asset & Liability Committee and was a member of the Management Committee and Asset Management Investment Council. Mr. Paner also served as a Director of Santiago Land, Citytrust Finance Corp., Citytrust Insurance Brokers, Citytrust Investment Phils., Citytrust Securities Corp., and Citytrust Realty Corporation.He was Treasurer and Trustee of Kaisahang Buhay foundation, a child and family welfare organization promoting support for unwed mothers, orphan care and adoption from 2015 to 2020. He served as President of the Money Market Association of the Philippines (MART) in 1998 and was the Vice Chairman of the Bankers Association of the Philippines’ (BAP) Open Market Committee until 2019. He was also a member of the Makati Business Club, Management Association of the Philippines, British Chamber of Commerce, the Philippine British Business Council and FINEX.
He is currently active in the Institute of Corporate Directors. He obtained an A.B. Economics degree from Ateneo de Manila University in 1979 and completed various courses in Business and Finance, including Strategic Financial Management in 2006 and the Advanced Management Program in 2009, both at the Harvard Business School in Boston.
Note: The election of directors is subject to confirmation by the BSP Monetary Board and other applicable regulatory confirmation/approvals.
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