BIZ BUZZ: Januszczak leaves UBX
The era of leadership changes continues.
This time, Union Bank of the Philippines bid adieu to John Januszczak, president and CEO of UBX Philippines, its open finance platform.
Not much was said about his sudden departure, only that, “We appreciate and respect John’s decision to focus on personal priorities at this point in his life, and we wish him the best,” UBX chair Jose Emmanuel Hilado said in a statement on Tuesday.
“We would like to thank John for his contributions and dedication to UBX during his leadership term,” Hilado added.
Januszczak had been leading UBX since its launch in 2018, when it was first established as UnionBank’s financial technology venture capital arm.
Januszczak will be succeeded by UBX chief commercial officer Mario Domingo once he officially steps down on Monday, June 16.
Of course, Januszczak is not leaving UBX without taking a bow for his achievements.
He leaves the company just months after securing a new Japanese investor, conglomerate SBI Holdings Inc.
In 2023, UBX also managed to near the P100-billion mark for gross transaction volume, and Januszczak had vowed to reach P1 trillion in the next five years.
Let’s hope they achieve this under new-ish leadership!
