Staff Reporter

Justin Labadan will begin in his new role on 1 July 2025.

He has been with Metrobank for over four years.

The bank has declared a PHP1 per share special cash dividend.

He emphasised that balancing innovation with sustainability is now key to fintech’s growth trajectory.

He brings over 25 years of experience in the asset management industry.

He discusses transformation, commercial strategy, and innovation in the region’s financial sector.

It secured an NOC from the National Housing Bank.

They may temper deposit-gathering efforts as a result, a positive for incumbents.

Longbridge empowers everyday investors with its zero-fee* and AI-first brokerage model that delivers advanced tools and access to the US, Hong Kong, and Singapore.

It plans to use the proceeds to extend term liabilities, expand funding base, etcetera.

The next program will involve 20 university undergraduate students in Japan.

But construction and retail sector loans may be a weakness.

It should maintain a strong funding structure thanks to its deposit base, however.

Pete Steel previously spent 16 years at the Commonwealth Bank of Australia.

Its write-offs and derisking of asset mix will keep asset quality stable.

Incumbent CEO Arthid Nanthawithaya’s term will conclude on 31 December 2026.