PNB Holdings Corp., the real estate development arm of Philippine National Bank (PNB), has placed its investor relations function under its chief financial officer, Ponciano Carreon Jr., as the company aligns its finance and investor communications amid ongoing growth and capital market plans.
“The consolidation of the IR function under Ponce, our CFO, is aligned with and will add support to PHC’s plans of unlocking the potential of its current portfolio to create better value for both our majority and minority shareholders,” the company said.
Carreon has about 30 years of experience across real estate, banking, and finance. Before joining PNB Holdings Corp., he served as CFO, corporate treasurer, and investor relations head at Century Properties Group Inc.
His banking background includes roles as independent director and audit committee chair at Northpoint Development Bank. He also worked as a bank controller at a domestic savings bank, a bank auditor at a universal bank, and a bank examiner at the Bangko Sentral ng Pilipinas.
Carreon is a certified public accountant. He started his career at SGV & Co. and is a graduate of San Beda University.