Jose A. Nuez, Jr. Chairman Gil A. Buenaventura Vice Chairman Lydia B. Echauz Reynaldo G. Geronimo Daniel Y. Laogan Alberto A. Lim Cecilio B. Lorenzo Vaughn F. Montes Jose Luis L. Vera
Gil A. Buenaventura President & Chief Executive Officer Fe Susan Z. Prado Head, Financial Resource Sector Anthony T. Robles Head, Branch Banking Sector Benel D. Lagua Head, Development Sector Cris S. Cabalatungan Head, Internal Audit Ma. Teresa M. Jesudason Head, Marketing - Branch Banking Sector Lilia G. Baun Head, Corporate Banking Sector Roberto F. Viray Head, Operations Sector Marietta M. Fondevilla Head, Strategic Planning and Research Nilo S. Cruz Chief Information Officer Fritzie P. Tangkia-Fabricante Chief Legal Counsel Alexander A. Patricio Chief Risk Officer Rafael Danilo Ranil M. Reynante Chief Compliance Officer Lutgarda B. Peralta Chief of Staff, Office of the President Donna P. Shotwell Head, Human Resource Management Danny E. Bunyi Corporate Secretary
Investment Banking Financial Packaging/Investment Design for Debt/ Equity Financial Advisory and Investment Consultancy Securities/Debt Underwriting/Issue Management Structured Finance/Loan Syndication Program/Project Development & Management Trust Services 1. Trust a. Unit Investment Trust Fund (UITF) Gintong Sikap Secure Fund b. Institutional Trust Employee Benefit Pre-need Accounts c. Individual Trust Personal Trust Account Living Trust: - Revocable Living Trust - Irrevocable Living Trust Personal Pension Fund Personal Retirement Fund 2. Other Fiduciary Services a. Court Trust Administratorship Executorship Guardianship b. Legislated and Quasi-judicial Trust Public Trusteeship c. Property Administratorship d. Corporate Fiduciary Services Mortgage Trust Indenture/Collateral Trust Indenture Facility/Loan Agency Transfer Agency Depository and Reorganization e. Escrow f. Safekeeping g. Life Insurance Trust 3. Agency a. Institutional Agency Employee Benefit Pre-need Account Investment Management Account (IMA- Institutional) - Peso - Foreign Currency b. Individual Agency Personal Pension Fund Personal Retirement Investment Management Account (IMA- Personal) - Peso - Foreign Currency
4. Advisory/Consultancy 5. Special Purpose Trust
LAND BANK OF THE PHILIPPINES
Main Objectives:
to maintain price stability conducive to a balanced and sustainable economic growth also aims to promote and preserve monetary stability and the convertibility of the national currency provides policy directions in the areas of money, banking and credit. to improve the lives of all its stakeholders and working in them to lead the country to economic prosperity
Board of Directors Hon. Cesar V. Purisima Pres. & CEO Gilda E. Pico Hon. Proceso J. Alcala Hon. Virgilio R. de los Reyes Hon. Rosalinda D. Baldoz Mr. Crispino T. Aguelo Mr. Domingo I. Diaz Mr. Tomas T. de Leon, Jr. Mr. Victor Gerardo J. Bulatao Management Team Pres. & CEO Gilda E. Pico EVP Andres C. Sarmiento EVP Cecilia C. Borromeo EVP Rabboni Francis B. Arjonillo EVP Jocelyn dG. Cabreza SVP Julio D. Climaco, Jr.
TRUST PRODUCTS AND SERVICES LANDBANKs trust products are designed to give the best value to our clients. Our trust services will make us work on your behalf. And you get expert advice from the best people in the banking industry.
Unit Investment Trust Fund (UITF) Under the Unit Investment Trust Fund, LANDBANK acts as both trustee and fund manager of the Fund. It collectively pools and invests these funds based on the portfolio mix stipulated in the Declaration of Trust approved by the Bangko Sentral ng Pilipinas. LANDBANK has four (4) UITFs to address the specific needs of investors. They are theGovernment Securities-Fixed Income Fund, the Growth Fund, the Global $ Fund, and the Money Market Fund. For more information, view UITF FAQ. Download LBP UNIT INVESTMENT TRUST FUND (UITF) Client Suitability Checklist. (Filesize: 45Kb, PDF format)
ABS Trusteeship In an Asset Backed Securitization Trust, LANDBANK acts both as trustee to a special purpose vehicle consisting of undivided ownership interest in a segregated or identifiable pool of assets or receivables. This is an innovative way of raising financing for operating capital or investment requirements without affecting the Corporations debt and equity ratios. The investors in an Asset Backed Securitization generally receive the cash flow of these pool of assets/receivables.
Individual/Corporate/Institutional Portfolio Management LANDBANK manages the investible funds of individuals, private and government corporations for optimum investment returns. This involves the judicious management of the clients investment, portfolio based on his investment objectives and requirements. Investments can cover a broad range of outlets, from purely fixed-income consisting of government securities, bonds, money market instruments and direct loans to capital market instruments such as equities, IPOs, mutual funds and others.
Custodial Services LANDBANK takes care of safekeeping the clients properties such as marketable securities, property titles, and releases the same upon specific written instruction from the client. If the properties invested are income-earning, LANDBANK takes care of the other ministerial functions such as collection of dividend and interest, subscription to stock rights, conversion of securities and others, on behalf of the client.
Employee Retirement Plan LANDBANK is appointed by the employer to set up and/or manage the retirement fund of the company for the purpose of providing compensation package/benefits for its incapacitated, retired or separated employees. The Employee Retirement Plan may either be a:
Pension fund A retirement plan where only the employer is required to contribute to the Fund and the benefits to be received by employees are defined.
Provident Fund A benefit plan where both the company and their employees make fixed contributions. The fund accumulated is eventually distributed to separated or incapacitated employees of those qualified for retirement.
Escrow Agency A trust service where LANDBANK acts as a third and impartial party to intervene or hold and administer in escrow contracts between two parties involving money, securities, property titles or documents. LANDBANK sees to it that the provisions of the escrow are faithfully complied with by both parties.
Life Insurance Trust As a Trustee of the life insurance policy of the client, LANDBANK shall handle the filing of insurance claims, management of the life insurance proceeds and disbursements of the funds based on the clients wishes as indicated in the dispositive provisions of the Trust Agreement.
Mortgage Trust Indenture A collateral trust wherein LANDBANK shall hold the properties under a real estate and/or chattel mortgage for and in behalf of a syndicate of creditor banks/institutional investors until such time that the loan obligation is fully satisfied in accordance with the terms and conditions of the loan agreement.
Personal Trust Services A trust service rendered by LANDBANK to a private individual, usually consisting of settlement of the estate of the deceased, guardianship over minors or properties pending outcome of court litigation/probate. This can be in several forms, namely:
Living Trust this agreement between LANDBANK and the individual is created during the lifetime of the client. It defines the functions, duties and responsibilities of the trustee.
Testamentary Trust an agreement between LANDBANK and an individual to take effect upon the death of the trustor-individual.
Receiving Bank Services LANDBANK receives subscription applications from authorized selling agents e.g. brokers, underwriters for consolidation and transmittal to the designated Custodian Bank for the cleared funds and to the Issuer and Transfer Agent for the issuance of stock certificates.