Union Bank of the Philippines approved the hiring of the senior officers, effective January 3, 2022 MR. ERIC S. LUSTRE, Head of Trust with the rank of Executive Vice President under the Trading POS and Fund Management. Mr. Lustre served as the President & CEO of the Philam Asset Management Inc. (PAMI) since 2016. He also held the Chairmanship of the Investment Committee where he reviewed proposed tactical asset allocation and monitored investment performance and adherence to portfolio investment mandates to ensure consistency in meeting investment goals.

He started his career in Philam Life as Chief Credit Officer and was responsible for the Credit Risk Management of the parent company and its subsidiaries. He ensured that Philam life and its subsidiaries and affiliates aligned with AIA Group credit policies and guidelines. He also established exposure to local banks, brokers and corporate obligors, and periodic review of these exposures.

His banking career started in Far East Bank Trust Company as a Staff Assistant for Corporate Account Management for 3 years, and with Citibank NA as Assistant Manager for Corporate Sales for another 3 years. MR. CHRISTIAN GREGORIO N. RUBIO, Senior Product Manager with the rank of Assistant Vice President under the EON Business.