Appraca Centrab

Exploring Progressive Modes of economic and financial cooperation in the Asia Pacific Region

Ms. Cecilia C. Borromeo, LANDBANK President & CEO

Cecilia C. Borromeo

President & CEO Cecilia “Cecile” C. Borromeo holds the distinction of being President and Chief Executive Officer of two government financial institutions – the Development Bank of the Philippines which she capably led for two years, and LANDBANK where she started her banking career 27 years ago.

While short, her presidency in DBP from January 2017 to February 2019 was marked with significant growth in all key financial indicators, notably in net income which grew by 36%, deposits by 33% and loans by 20%.

She re-joined LANDBANK on March 1, 2019 and she felt right at home in the organization where she worked her way up to various key positions. This included heading the Agricultural and Development Lending Sector from 2012 to 2016 which resulted to 74% growth in regular loan portfolio and 44% in revenue.

Her extensive career experience includes27 years of handling various posts including as head of the Agricultural and Development Lending Sector. She also has experience in treasury and investment banking, public sector lending, corporate banking, global banking, wholesale banking and lending program management.

Cecile completed her Bachelor of Science degree in Agribusiness at the University of the Philippines Los Baños and underwent the Master in Business Administration program of the De La Salle Business School. She is a graduate of the Advanced Bank Management Course of the Asian Institute of Management and the Pacific Rim Bankers Program at the University of Washington Executive Education Foster School of Business. She likewise attended the International Study on Rural banking and Finance at the Massey University in New Zealand.