Enrico S. Cruz elected as Independent Director

We are pleased to welcome our newest Independent Director, Mr. Enrico S. Cruz, who was elected during the last Board of Directors Meeting held on April 27, 2022. He was elected to occupy the vacant seat in the RRHI Board arising from the demise of Ambassador Roberto R. Romulo, who passed away last January 23, 2022.

Mr. Cruz established an illustrious career in Finance across various capacities over the past years. He was the Chief Country Officer of Deutsche Bank (Manila Branch) from June 2003 to July 2019 and was concurrently the bank's  Head of Corporate Finance. He joined Deutsche Bank in July 1995 where he established the Global Markets (GM) franchise in the Philippines. Prior to Deutsche Bank, he was a Senior Vice President at Citytrust Banking Corporation (CTBC), an affiliate of Citibank N.A. He also currently serves as an independent director of the following companies: Security Bank Corporation, AREIT Inc., The Keepers Holdings Inc., Maxicare Healthcare Corporation, DITO CME Holdings Inc., SB Capital Investment Corporation and CIBI Information Inc.

He previously served as a Director of the Bankers Association of the Philippines (BAP) in 2003-2007, 2011-2015 and 2017-2019 and was a past president of the Money Market Association of the Philippines. He obtained his B.S. in Business Economics and MBA from the University of the Philippines, and was named by the UP College of Business as a Distinguished Alumnus in 2008 and a Distinguished Alumnus Awardee by the UP School of Economics Alumni Association in 2015.