Philtrust Bank announced that the board meeting held on July 28, 2014 approved the reorganization of the following committees effective August 1, 2014. Board Risk Management Committee: Sr. Justice Josue N. Bellosillo (Ret.) as Chairman and Atty. Francis Y. Gaw and Mr. Tomas V. Apacible as members.

Corporate Governance Committee: Chief Justice Hilario G. Davide, Jr. (Ret.) as Chairman and Dr. Jaime C. Laya and Mr. Ernesto O. Chan as members.