China Bank Savings (CBS), the retail banking arm of China Banking Corporation (China Bank), has appointed James Christian T. Dee as its new Director and President effective April 15, 2021.
Dee has an extensive banking experience of more than 20 years, including stints with Citibank. He has been with the China Bank Group for 14 years, working with China Bank’s Treasury Group prior to his secondment to CBS as Treasury Head and Treasurer in 2012.
“James is very much a part of the China Bank Savings story, including the acquisition of Plantersbank in 2014 and its subsequent merger with CBS. His membership in key management committees has also prepared him well for his new role as CBS President,” said CBS Chairman Ricardo R. Chua.
Dee’s appointment is part of the succession plan that CBS has had in place. “We are confident that James is the right choice and that he can take CBS farther,” said China Bank President William C. Whang.
Dee is a second-generation China Banker whose father is China Bank Director Joaquin T. Dee. He obtained his BS Mechanical Engineering degree from the University of the Philippines-Diliman and his Masters degree in Business Management from the Asian Institute of Management.
"I am truly honored to lead CBS and continue to build a better, stronger, more resilient bank with our board of directors, management team, and all our employees,” said Dee.
CBS began operations on September 8, 2008, following the acquisition of Manila Bank by China Bank in 2007. Subsequent mergers with Unity Bank and Planters Development Bank have bolstered CBS’ position as a leading thrift bank in the industry. With 158 branches nationwide and a strong platform for retail banking, auto, housing, teachers, and enterprise finance, CBS is dedicated to servicing the needs of entry-level customers, the broad consumer market, and the strategic Small and Medium Enterprise (SME) sector. CBS is committed to promoting financial inclusiveness, and uplifting the quality of consumers and entrepreneurs in line with its Easy Banking for You brand of service.