China Banking Corporation announced Appointment of MR. JERUEL N. LOBIEN, as Chief Audit Executive and Audit Group Head, with the rank of Senior Vice President, effective 01 June 2023. A Certified Public Accountant (CPA) and Certified Internal Auditor (CIA), Mr. Lobien has over 15 years of banking experience, with extensive exposure in audit plan, execution and communication in his progressive audit roles with various companies in the FMCG industry and with an Accounting/Consulting firm. He currently holds the Chief Audit Executive role with the Philippine Bank of Communications.

In the past, he held the key leadership role of Finance Head with Metrobank Card Corporation and Citibank, N.A. Mr. Lobien graduated from the University of the Philippines cum laude with a Bachelor of Science in Business Administration and Accountancy degree. He then took up and finished an Executive Masters in Business Administration from the Asian Institute of Management. He has also acquired the Certification on Control Self-Assessment (CCSA).

His appointment comes in view of the changes in the organizational structure of the Audit Division (to be now known as Audit Group) in order to align its operating model to the business direction and growth of the Bank. Promotion of the following senior officers from Vice President II to First Vice President I, effective 16 May 2023: Mr. Richard S. Borja, Head of Centralized Operations Group - International Division; Mr. Cesare' Edwin M. Garcia - Head of Business Management Division; and Mr. Emir Francis D. Javillonar - Head of Treasury Group - Balance Sheet Management Division.