BIZ BUZZ: RCBC enters new era

Rizal Commercial Banking Corp. (RCBC) woke up to a new era on Tuesday.
And it’s not just any other season. The Yuchengco-led bank just welcomed its new director, president and CEO, Reginaldo “Reggie” Cariaso, another seasoned banker with nearly three decades on his resume.
“Our focus is clear. We will build more seamless connections to deliver relevant, timely and intuitive financial solutions,” Cariaso said in a statement on Tuesday, promising a future of innovation for RCBC.
“Our job is to integrate channels, data and teams more effectively in order to deliver not just better products, but better outcomes,” he added.
It’s clear to all of us where Cariaso is headed.
As for his predecessor, Eugene Acevedo, he’s not retiring entirely, as he said. In fact, he’s going to continue “living life to the fullest.”
“This transition marks not an end, but an evolution. I look forward to dedicating more time to my lifelong passions,” Acevedo said in a Facebook post.
The lifelong passions include completing his doctorate studies on digital transformation and organizational change, launching his third book, and, just like the rest of us, enjoying the “quiet wisdom” of his cats.
A truly relaxing era for the guy who began leading RCBC in the aftermath of the controversial Bangladesh Bank heist.
Who knows? Maybe he’ll also reach his goal of 100,000 LinkedIn followers.
“Here’s to staying in motion—with purpose, curiosity and gratitude,” Acevedo said.