Jonathan C. Ng has been elected chairman of the Board of publicly listed universal bank Asia United Bank (AUB).
Ng was elected during the organizational meeting of AUB’s Board of Directors last July 4, 2023. He will take over the chairmanship from Abraham T. Co who was elected Vice Chairman.
During the same meeting, retired Justice Adolfo Azcuna tendered his resignation as Director but will continue to serve as Senior Adviser to the Board.
Ng was a member of AUB’s board of directors from 1998 to 2016. He is currently the Vice Chairman of the family-owned Republic Biscuit Corporation (REBISCO) and holds the following concurrentexecutive positions in several companies under the REBISCO Group: President of Suncrest Foods Incorporated, President of Multirich Foods Corporation, Chairman/President of RBC Retail Stores Corporation, Chairman/President of SFI Multimix Corporation, Chairman of Omnipack Industrial Corporation, and Director of SPI Corporation.
Ng is also a stockholder of RBC Best Baker Food, Inc. and Action Republic Corporation, as well as a trustee of Rebisco Foundation, Inc. He is also an Independent Director of Pico De Loro. He graduated with a Bachelor of Arts degree in Management Economics from the Ateneo de Manila University.
The second of three sons of REBISCO and AUB founder and Chairman Emeritus Jacinto Ng Sr., Ng joins younger brother Jacob in the AUB Board. Aside from being a member of the Board, Jacob also serves as Executive Vice President and Head of Branch Banking Group and Chief Transformation Officer of the bank.