Bilyonaryo Lance Gokongwei celebrated Robinsons Bank Corporation’s (RBC) 25th anniversary in style ahead of its 2023 merger with the Ayala-led Bank of the Philippine Islands.
Gokongwei donned the bank’s green collared polo shirt for the event, matching the uniform worn by bank executives and directors.
“Robinsons Bank—the nation’s fastest growing bank in a highly competitive field—celebrates its 25th anniversary this year. Our secret? Our people,” he wrote. “Proud to be counted as your colleague.”
Under the terms of the merger, BPI will become the surviving entity while the Gokongwei-owned Robinsons Retail Holdings Inc. and JG Capital will collectively hold about 6 percent of the Ayala-owned bank’s outstanding capital stock.
BPI and RBC plan to complete the merger before the end of 2023.
