Ep. 150: TG Limcaoco, President and CEO of BPI

The RJ Ledesma Podcast

Very honored to have our next guest on the show – who was also the Past President of my Rotary Club in Makati West.

Jose Teodoro ‘TG’ Limcaoco is the President and CEO of the Bank of Philippine Islands.

The Bank of the Philippine Islands (BPI) bagged multiple awards from prestigious regional publication FinanceAsia, getting the gold award for ‘Best Financial Company’ and silver for ‘Best Overall Company’ in the Philippines. BPI President TG Limcaoco also got gold as the ‘Best CEO’. BPI and Limcaoco are among the winners in FinanceAsia’s ‘Asia’s Best Managed Companies’ 2023 poll.

Under his leadership, BPI hit a historical high for nine-month net income, ending the period with earnings of Php 38.6 Bn, up 26.4% vs the prior year, delivering a Return on Equity of 15.6%. Sustained loan and margin growth, as well as tempered provisions, were the main drivers of the strong financial performance.

Limcaoco was appointed as BPI President and CEO on April 22, 2021. Before that, he was the Chief Finance Officer, Chief Risk Officer, and Chief Sustainability Officer of Ayala Corporation, a Philippine Stock Exchange-listed company. Previously, he served as President of BPI Family Savings Bank and President of BPI Capital Corporation.

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