The Board of Directors of BDO Unibank, Inc., at its regular Board meeting held on January 9, 2016, accepted the retirement of Ms. Ursula A. Alano, SVP and Head of Treasury Group- Treasury Marketing effective, January 1, 2016, subject to clearance of any accountability. The company at its board meeting elected Mr. Dioscoro-Roy I, Ramos as Independent Director of the bank effective January 9, 2016, subject to confirmation by the Bangko Sentral ng Pilipinas, vice Mr. Cheo Chai Hong. Mr. Ramos is the chief Information Officer of R Y & S Investments Ltd., since 2011.