Appointed to the Board of Yoma Strategic on 2 August 2021, Mr Cezar Peralta Consing is a Non-Independent Non-Executive Director of Yoma Strategic.
From 2013 – 2021, Mr. Consing was President & Chief Executive Officer of Bank of the Philippine Islands (BPI), the Philippines’ oldest bank and its second largest by market capitalization. He served as chairman and board director of BPI’s thrift bank, investment bank, UK-based bank, microfinance bank, property and casualty insurance joint venture and leasing and rental joint venture; and board director of its asset management company and its life insurance joint venture. Mr. Consing was chairman of BPI’s management committee and its credit committee. He has served on BPI’s Board of Directors for 20 years; from 1995 – 2000 as a representative of J.P. Morgan & Co., from 2004 – 2007 and from 2010 – 2013 as an independent director, from 2013 – 2021 as the executive director of the bank, and from 2021 – present as a representative of Ayala Corporation. He has served on BPI’s Executive Committee of the Board since 2013. Mr. Consing first worked for BPI, in corporate planning and corporate banking, from 1981 – 1985.
Mr. Consing served as President of Bancnet, Inc., a banking industry consortium company that runs the ATM switch, Instapay and Pesonet, from 2017 – 2021. He served as Chairman and President of the Bankers Association of the Philippines from 2019 – 2021. He is currently Chairman of the Philippine Dealing System Holdings Corporation and its three operating subsidiaries, positions that he has held since 2019.
While running BPI from 2013 – 2021, Mr. Consing was also a Senior Managing Director of Ayala Corporation, the Philippines’ oldest business house, one of its largest listed companies, and the bank’s controlling shareholder. He joined Ayala Corporation’s Board of Directors in December 2020. Mr. Consing has, since April 2021, also represented Ayala Corporation on the Board of Directors of Globe Telecom, the Philippines’ second largest telecommunications company by market capitalization.
Prior to rejoining BPI in 2013, Mr. Consing was, from 2004, a Partner at The Rohatyn Group, an international investment firm that focuses on the emerging markets. He headed its Hong Kong office and its private investing business in Asia, and was a board director of its real estate, and energy and infrastructure private equity investing subsidiaries.
From 1985 – 2004, Mr. Consing worked for J.P. Morgan & Co., based in Hong Kong and Singapore. He rose to co-head or head the firm’s investment banking business in Asia Pacific from 1997 – 2004, the last five years as President of J.P. Morgan Securities (Asia Pacific) Ltd. As a senior Managing Director of J.P. Morgan & Co., Mr. Consing was a member of the firm’s global investment banking management committee, its Asia Pacific management committee, and its global Managing Director selection committee.
Outside his association with the Ayala Group, Mr. Consing has served as an independent board director of four publicly-listed companies: Jollibee Foods Corporation (2010 – present), CIMB Group Holdings (2006 – 2013), First Gen Corporation (2005 – 2013), and National Reinsurance Corporation (2014 – 2019), where he also served a Chairman (2018 – 2019). He currently serves on the boards of three private companies: Sqreem Technologies, FILGIFTS.com and Endeavor Philippines. He has also served on the board of the Hong Kong based Asian Youth Orchestra. He is a board director of the US-Philippines Society and the Philippine-American Educational Foundation, and a trustee of the College of St. Benilde and the Manila Golf Club Foundation. Mr. Consing has been a member of the Trilateral Commission, the global discussion group, since 2014.
Mr. Consing received an A.B. Economics degree (Accelerated Program), Magna Cum Laude, from De La Salle University, Manila, in 1979. He obtained an M.A. in Applied Economics from the University of Michigan, Ann Arbor, in 1980.
