Union Bank of the Philippines
Carlo Asuncion serves as the Chief Economist at UnionBank of the Philippines since November 2016, bringing extensive experience in the field of economics. Prior roles include serving as an Economist Consultant at the Asian Development Bank from June 2014 to October 2016, and working as an Economist at Independent Economic Research and Analysis between October 2012 and May 2014. Carlo also held an Economist position at the Royal Embassy of Saudi Arabia for a brief period in 2012 and was an Economic Analyst Consultant at ADB from May 2010 to February 2012. Earlier in their career, Carlo was an Economics Instructor and Lecturer at De La Salle University from May 2006 to May 2010. Carlo earned a Bachelor of Arts in Social Science, specializing in Economics and Political Science, from the University of the Philippines from 1991 to 1995.
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Union Bank of the Philippines
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Union Bank of the Philippines (the Bank) offers a range of products and services, such as deposit and related services; corporate and middle market lending, and consumer finance loans, such as mortgage, auto loans and credit card; investment, treasury and capital market; trust and fund management; remittance, cash management and electronic banking, and preneed insurance. The Bank's segments include Consumer Banking, which handles individual customers' deposits and provides consumer type loans, such as automobiles and mortgage financing, credit card facilities and funds transfer facilities; Corporate and Commercial Banking, which handles loans and other credit facilities, and deposit and current accounts for corporate, institutional, small and medium enterprises, and middle market customers; Treasury, which manages the Bank's liquidity and funding requirements, and handling transactions, and Headquarter, which includes corporate management, support and administrative units.