Recognizing our Bank’s Pillars - MAA and AAL


CitySavings pillars - former SVP and COO Agnes Lacson and former President and CEO Mikel Aboitiz (third and fourth from left respectively) during the presentation of plaque and token of appreciation along with EVP Channel Management Levi Villanueva (first from left), AEV Chief Human Resources Officer Txabi Aboitiz (second from left), UnionBank Vice Chairman Jon Ramon Aboitiz, President and CEO Catalino Abacan, Directors Romy Ronquillo, Teresita Domalanta, and Carlos Valarao (fifth, sixth, seventh, eighth, ninth from left respectively), and RAFI President Bobby Aboitiz (tenth from left).

It was a night filled with laughter and love as City Savings Bank celebrated the significant contributions of its two pillars – Mikel Aboitiz and Agnes Lacson, former President and Chief Executive Officer, and Senior Vice President and Chief Operating Officer respectively on the eve of the Bank's 49th year anniversary last January 24 at Radisson Blu Hotel, Cebu City.

A superb I love Cebu performance from University of Cebu festival dancers set the party tone on. Iris Dorado, Vice President for Risk Management sustained the momentum as she gave a brief overview about the celebration. Catalino Abacan, President and Chief Executive Officer, in his welcome message thanked Mikel and Agnes for their noteworthy contributions in making the Bank one of the key national players in the teacher salary loans market.

A moving tribute video of their moments in the Bank together with messages from the corporate teams and branches took everyone down the memory lane. Riella Guioguio, Vice President for Finance reminisced her best days working with both. Jon Ramon Aboitiz, UnionBank Vice Chairman of the Board onoured his brother Mikel, Agnes and the whole Abellana family for leading the CitySavings team well and nurturing the Bank since its pagamay gamay lang days. He added that CitySavings, a legacy left by his grandfather, Don Ramon together with Timo Abellana, will always be close to his heart.

Eugene Acevedo, Chairman of the Board who unfortunately was not able to attend due to prior commitments with UnionBank prepared a message which was read on his behalf. "Agnes is the heartbeat and mother of the Bank. She invested her best years here and led our Luzon expansion. Mikel on the other hand is a cerebral strategist, challenging views and options, looking for better ways, directing rather than dictating. I see much of the Aboitiz way in the Bank because he lives and breathes it." Said Acevedo.

Tokens of appreciation were presented to both by the CitySavings Management represented by Catalino Abacan and Jose Levi Villanueva, Executive Vice President for Channel Management, alongside with Members of the Board, Romy Ronquillo, Teresita Domalanta, Carlos Valarao and family members Jon Ramon, Bobby and Txabi Aboitiz. Handwritten letters from the branches were also handed by the Regional Business and Operations Head as heart-warming songs were offered by Paula Ruelan, Jezza Macarayan, Eihn Devilleres and Jennie Villaflores. Region 7 service awardees were also recognized that night.

The finale song and dance number left everyone at awe. CitySavings Bankers owned the dance floor and partied the night away.