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MANILA, Philippines – Philippine National Bank (PNB), one of the largest commercial banks in the country, disclosed to the exchange Tuesday, July 17, that its president and CEO Carlos A. Pedrosa has gone on an “indefinite” sick leave.
PNB did not provide additional details on the health of Pedrosa, 67, who assumed the position in August 2011.
Named as acting president was Omar Byron T. Mier, who had served as president and CEO until May 2010 when Eugene Acevedo was appointed to succeed him. Acevedo, in turn was replaced by Pedrosa over a year after.
PNB is controlled by the Lucio Tan group. – Rappler.com
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