China Banking Corporation (China Bank) announced the appointment of Atty. Aileen Paulette S. De Jesus as Vice President and Chief Compliance Officer (CCO) effective March 1, 2018.
De Jesus is an accomplished CPA-lawyer with 28 years of experience in the areas of compliance, corporate governance, corporate law, and taxation. She will have overall responsibility to implement the Bank’s compliance program, including maintaining its nearly a century-long untarnished record of ethical and lawful operations.
"We are pleased that Paulette will take on this very important role. We have a very strong compliance and governance culture, and as the regulatory landscape continues to evolve, her expertise and insights will help us advance our compliance processes to drive business growth, and more importantly, sustain our stakeholders’ trust and confidence,” said China Bank President William C. Whang.
Before joining China Bank, De Jesus was Philippine Veterans Bank’s CCO and lead officer in the implementation of its Anti Money Laundering and Terrorist Financing Program. She was also tasked to handle compliance to the Foreign Account Tax Compliance Act & Data Privacy Act. Previously, she was the Legal & Compliance Head of the Manila Branch of Sumitomo Mitsui Banking Corporation and the Deputy General Counsel, Corporate Secretary/Assistant Corporate Secretary of various companies under the Filinvest Group. She also held senior legal or compliance positions at Sterling Bank of Asia, Metrobank Card Corporation, and International Exchange Bank.
“China Bank is widely known for conducting business with the highest degree of professionalism, ethics, and integrity. I look forward to be a part of an institution with a very strong culture of compliance & governance, and commits to live its core values. I will endeavor to build a collaborative compliance team that effectively supports business areas/units in their duty to comply with relevant laws, regulations, and internal policies,” said De Jesus.
China Bank is a consistent recipient of corporate governance accolades here and abroad. The Bank is the only listed company to have won in all Bell Awards for Corporate Governance since it was launched in 2012 during the Philippine Stock Exchange's 20th anniversary. The Bank also achieved triple triumph for the third straight year at Corporate Governance Asia’s Asian Excellence Awards, bagging the awards for Best Investor Relations Company (Philippines), Asia’s Best CEO-Investor Relations for former President and CEO Ricardo R. Chua, and Best Investor Relations Professional (Philippines) for Senior Vice President and Investor and Corporate Relations Group Head Alexander C. Escucha.
De Jesus earned her Bachelor’s Degree in Accounting from the University of the Philippines in the Visayas in Iloilo City. She finished her Law Degree at San Sebastian College while working as an audit examiner at FEBTC (now Bank of the Philippine Islands).