Tuesday 16 July
Jul 10, 2019 @ 19:49

Eugene Acevedo wants RCBC back in Top 5


Banker Eugene Acevedo is bent on taking back Rizal Commercial Banking Corp. (RCBC) back to the big league.

Acevedo officially took over as president and chief executive officer of RCBC on July 1 and has set a bold target for his term.

Acevedo took the place of Gil Buenaventura who ended his three-year stint and has moved over to the board of directors.

“Our big goal is to go back to being number 5 in terms of resources and profitability,” said Acevedo.

The Yuchengco-owned lender currently sits at the 10th spot.

Acevedo is confident RCBC belonged with the big boys of banking BDO, Bank of the Philippine Islands, Metrobank, Landbank, and the Philippine National Bank — which he used to lead — to realize this target.

There ain’t no mountain high enough for this man.

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