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Article: Nestor Tan.(Banco de Oro president)
- Article from:
- The Banker
- Article date:
- November 1, 2009
- Author:
CopyrightCOPYRIGHT 2009 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Michelle Price
Nestor Tan, president of Banco de Oro (BDO), a rising star among the Philippines banking sector, enters the room unannounced and unaccompanied. It is a very low-key entrance for the country's boldest and most closely watched financier, whose bank forms part of the famous Filipino conglomerate SM Investments Corp, owned by retail magnate Henry Sy, the country's wealthiest individual.
Through a succession of mergers and acquisitions, the US-educated Mr Tan has transformed BDO from a small savings outfit into a dynamic, growth-hungry universal bank in less than a decade. According to Mr Tan, who spent a chunk of his career at ...