NEW PDIC DIRECTORS. Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr, also the Chairperson of the Philippine Deposit Insurance Corporation (PDIC) Board of Directors, signs the oaths of office of Director Imelda C. Tiongson (left) and Director Justice Lady P. Soriano (right), who were appointed as new Directors of the PDIC representing the private sector. Directors Tiongson and Soriano took their oath of office at the PDIC office in Makati City on December 19, 2025. The PDIC is the government instrumentality mandated to protect depositors and promote financial stability through deposit insurance, co-regulation of banks and liquidation of closed banks.

Two independent directors were sworn in as private sector representatives to the governing board of the Philippine Deposit Insurance Corporation (PDIC) in simple ceremonies held at the PDIC office Makati City on December 19, 2025.

PDIC Chairperson and Governor of the Bangko Sentral ng Pilipinas (BSP) Eli M. Remolona, Jr. administered the oath of office of Directors Justice Lady P. Soriano and Imelda C. Tiongson to the PDIC Board of Directors.

Directors Soriano and Tiongson bring with them a wealth of experience and expertise in the fields of investment banking and financial management; and governance, risk management, and financial technology, respectively. Their strong banking and financial backgrounds are seen to further strengthen the PDIC organization in the discharge of its mandate to safeguard the interest of the depositing public and promote financial stability.

As independent directors, Directors Soriano and Tiongson will play an important role in ensuring impartiality to policies governing deposit insurance and in promoting the integrity and soundness of the country’s deposit insurance system.

Director Soriano is the Chief Finance Officer of Synergy Grid and Development Philippines, Inc. She oversees financial management and planning and ensures financial compliance and reporting to the Securities and Exchange Commission and the Philippine Stock Exchange. She also previously worked as a Consultant for Calaca High Power Corp. and as Assistant Vice President of the Development Bank of the Philippines. Director Soriano was also the former Manager of the PDIC Financial Assistance Management Center from 1996 to 2006.

Director Soriano holds an Economics degree from Ateneo de Manila University and a Masters in Finance from De La Salle University.

Meanwhile, the professional career of Director Tiongson spans more than three decades of banking and finance, audit and risk management, corporate governance, and information technology. She is the current Vice Chairperson and Trustee of the Institute of Corporate Directors (ICD), a Trustee of the Fintech Alliance PH and Womenbiz PH, and Chairman of the Governance Committee of the Management Association of the Philippines. Presently a President/Consultant of OPAL SPV in charge of turning around distressed companies/assets. She also serves as lecturer in various institutions including the Institute of Corporation Directors.

Director Tiongson previously held senior executive positions in the Philippine National Bank and the National Australia Bank. She was also involved in the drafting of various business laws such as the Financial Institutions Strategic Transfer Corporation, the Financial Rehabilitation and Insolvency Act; and the Revised Corporation Code and was a committee member of the BSP Open Finance TG.

Director Tiongson holds an Accountancy degree from the Royal Melbourne Institute of Technology in Australia. She also completed Accounting for Bankers (Perfect Score) from the National Australia Bank and a Certified Kaplan and Norton Strategy Master.

Directors Soriano and Tiongson complete the four-member private sector representation in the PDIC Board together with Director John Mark S. Frondoso and Director Luis Rey I. Velasco.

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