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UnionBank completes the acquisition of Citigroup’s consumer banking business in the Philippines

UnionBank completes the acquisition of Citigroup’s consumer banking business in the Philippines

Union Bank of the Philippines (UnionBank) has completed the acquisition of Citi’s consumer banking business in the Philippines on August 1, 2022. The official signing was led by UnionBank president and chief executive officer Edwin R. Bautista (3rd from left), and Citi Philippines chief executive officer and country officer Aftab Ahmed (4th from left.) They are joined by (left to right) Consumer bank head Manoj Varma, UnionBank chief customer experience officer and chief digital channels officer Ana A. Delgado, Citi Philippines country counsel Atty. Pia Lacson and UnionBank treasurer and global markets head Jose Emmanuel Hilado.

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