Return to Asia United Bank: Jacinto Ng names Pag-IBIG chief Moti as new director

Bilyonaryo Jacinto Ng has welcomed back a former employee of Asia United Bank into his board room.

Home Development Mutual Fund (Pag-IBIG Fund) chief executive officer Acmad Rizaldy P. Moti was elected independent director of AUB during a special stockholders’ meeting on November 22.

He will join former Pag-IBIG chief and congressman Miro Quimbo and social activist Teresita Ang-See as AUB’s independent directors.

Moti, who has been with the government agency since 2008, has led Pag-IBIG over the last five years.

The University of the Philippines alumnus started his banking career with AUB but he left a couple of years later to launch the web development start-up agency, 25by8.

He went back to AUB in 2006 and left a second time to join Chinatrust (Philippines) Commercial Bank as head of its software development and maintenance group.