MANILA, Philippines—It's not often that shareholders give a standing ovation at the end of the president's annual report but Aurelio "Gigi" Montinola III got what he deserved as he bowed out as chief of Bank of the Philippine Islands on April 18. Montinola, who had worked at BPI for 31 years of which the last eight years was as president and chief executive officer, brought the bank to its "special" place at present, BPI chairman Jaime Augusto Zobel de Ayala says and for this, he expresses profuse gratitude. Zobel de Ayala says Montinola had built BPI into a "more customer-centric" financial institution that's at par with global standards...
Keep on reading: Aurelio Montinola moves on after 31 years
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