Corporate Profile
UCPB Savings Bank, Inc. (UCPBS) started its operation on October 18, 1962, as then Savings Bank of Manila.
In 1984, 98% of its stocks was acquired by the United Coconut Planters Bank, and later merged with other UCPB-owned thrift banks.
In 2005, UCPB Rural Bank, another subsidiary of UCPB, was merged with the Savings Bank, with UCPBS as surviving entity, allowing it to further extend its financial products & services in rural areas; a partner in progress.
On January 4, 2021, UCPBS received its welcome letter from the Governance Commission for Government-Owned and Controlled Corporation (GCG), formally recognizing it as a Government Financial Institution (GFI).
In June 25, 2021, with the enactment of Executive Order No. 142, UCPB was merged with the Land Bank of the Philippines, making UCPBS its subsidiary effective March 1, 2022, further bolstering its vision of being a catalyst for financial inclusion, strengthening its resolve to expand the communities it serves.
As of December 2025, the Bank operates 48 Branches, 12 Branch Lites, and 3 Lending Offices across the Philippines. Its registered principal address at 7F Robinsons Cybergate Magnolia, Aurora Blvd., corner Doña Hemady St., New Manila, Quezon City.
Vision and Mission Statements

Vision
To be the Bank of choice in the communities we serve and be a catalyst for financial inclusion.
Mission
Customers We continue to strengthen our partnership with our customers by innovating products that suit their needs and providing effective and efficient personalized services that exceed expectations.
Employees We nurture a culture of integrity, professional discipline, excellence, leadership, and foster social responsibility among our associates.
Shareholders We exercise prudence in managing the Bank’s resources and deliver proper financial returns to our shareholders.
Board of Directors
Liduvino S. Geron
Chairman of the Board
Filipina B. Monje
Director
Daisy M. Macalino
Independent Director
Maria Belma T. Turla
Director
Randolph L. Montesa
Director
Marilou L. Villafranca
Director
Atty. Lloyd Edgar Reyes
Corporate Secretary
Senior Management
Lizette Margaret Mary J. Racela
President and CEO
Ernesto O. Olavario
Head, Credit Management Division
Elenora C. Cua
Head, Information Technology Division
Irene S. Quintana
Head, Controllership Division and Concurrent Head, Operations Division
Santiago P. Yusing IV
Head, Human Resources & General Services Division and Concurrent Head, Corporate Planning & Communications Division
Ma. Catalina M. Cruz
Head, Branch Banking Division
Dante R. Cortez
Head, Consumer Lending Division
Atty. Rhoel R. Recheta
Head, Asset Recovery and Management Division and Concurrent Head, Legal Services Division
Tristan D. Baria
Head, Internal Audit Division/Chief Audit Executive (CAE) and Concurrent Head, Bank Compliance Division/Chief Compliance Officer (CCO)
Veronica S. Sarmiento
Head, Commercial Lending Division
Alexander G. Tizo
Head, Risk Management Division
Carlo C. Garcia
Concurrent Officer-in-Charge, Treasury Division
Liduvino S. Geron
Chairman of the Board
Filipino, 62Mr. Geron brings with him over 31 years of expertise in various areas of banking, particularlybranch banking, strategic planning, and lending. Mr. Geron is the Executive Vice President and Head of the Branch Banking Sector of the Land Bank of the Philippines. Mr. Geron began his career at Land Bank as a management trainee in 1994 and steadily rose from the ranks, eventually leading several key units, including the Visayas Branches Group, Lending Program Management Group, Credit Policy Department, Strategic Planning Group, and the National Development Lending Sector. He also served as the Officer-in-Charge of the former United Coconut Planters Bank (UCPB) prior to its merger with LBP. He holds a degree in Agricultural Engineering from the University of the Philippines Los Baños and a Master’s Degree in Systems Agriculture from the University of Western Sydne
Randolph L. Montesa
Director
Filipino, 59Mr. Montesa is a former President and CEO of Overseas Filipino Bank (OFBank) and a former Senior Vice President of the Digital Banking Sector of Land Bank of the Philippines. Prior to that, he served as Vice President of the IT-Project Management Office under the Technology Management Group. Mr. Montesa also served as Director of United Coconut Planters Bank from November 24, 2021, until its merger with LANDBANK on March 1, 2022. He holds a Bachelor of Science degree in Civil Engineering from the University of the Philippines – Diliman and a Master’s degree in Business Administration from the College of the Holy Spiri
Filipina B. Monje
Director
Filipino, 65Ms. Monje is a former Senior Vice President of Land Bank of the Philippines and previously served as Head of its Northern and Central Luzon Lending Group. She also served as Head for Southern Luzon Lending Group. She is a Certified Public Accountant, holding a degree in Bachelor of Science in Commerce, major in Accounting, graduated as Cum Laude from the University of Luzon (formerly Luzon Colleges), and a Master’s degree in Business Administration from the College of the Holy Spirit. She is a Career Service Officer and has also completed the requirements for Career Executive Service Eligibility (CESO).
Maria Belma T. Turla
Director
Filipino, 59Ms. Turla is a Senior Vice President of Land Bank of the Philippines. She’s been with LANDBANK for 37 years she held various positions in the Branch Banking Sector of the Bank prior to her assignment as Head of the then North Luzon Branches Group, now as Head of Northwest Luzon Branches Group.
Ms. Turla graduate of Bachelor of Science in Commerce and a Certified Public Accountant. She is also a holder of Master’s in Public Administration and CESO eligibility.
Marilou L. Villafranca
Director
Filipino, 58Ms. Villafranca is the Executive Vice President and Head of the Branch Banking Sector of the Land Bank of the Philippines. She brings with her 35 years of branch banking experience, having held various positions in marketing, operations, and support functions. She rose from the ranks, beginning as a Branch Officer Development Trainee in 1992, and later served as a Contractual Cashier before becoming an Officer in several bank units, including the Customer Development Office, Market Research and Product Development Department, Consumer Banking, and Branch Operations Support Department. She also served as Branch Manager of various branches and supervised field units in her roles as Regional Head for Area IV-B and Group Head for Southeast Luzon Branches and North NCR Branches. Ms. Villafranca holds a degree in AB Philosophy from the University of Santo Tomas and earned her Master’s degree in Development Management from the Asian Institute of Management.
Daisy M. Macalino
Independent Director
Filipino, 69Ms. Macalino is a former Senior Vice President of the Land Bank of the Philippines (LANDBANK), where she served for 26 years until her retirement in 2016. She held various leadership positions, including Head of the NCR Branches Group and Lending Groups of Southern Luzon and the Visayas, and retired as Senior Vice President of the Visayas Lending Group. She also served as a member of the Board of Directors of Land Bank Insurance Brokerage, Inc. from 2012 to 2021. Ms. Macalino graduated from St. Paul College Quezon City in 1978 with a degree in BS Commerce, Major in Accounting. She is a Certified Public Accountant (CPA) and a Career Executive Service Officer (CESO). She also earned MBA units from the Polytechnic University of the Philippines and the Pamantasan ng Lungsod ng Maynila and attended the Executive Leadership Program at the Ateneo Business School from 2000 to 2001. Prior to joining LANDBANK, Ms. Macalino began her professional career as a Statistical Clerk/Account Analyst at Rizal Commercial Banking Corporation in 1979. She subsequently served as a Settlement Processor in the International Department of the Philippine National Bank from 1979 to 1984 and as an Executive Assistant/Accounting Assistant at Colvent, Inc. in New York, USA, from 1984 to 1988. She joined LANDBANK in 1990 and held various positions until her retirement in 2016.
Atty. Lloyd Edgar Reyes
Corporate Secretary
Filipino, 37Atty. Lloyd Reyes is currently serving as the Corporate Secretary of UCPB Savings Bank, Inc., concurrent to his functions as a Legal Officer of the Land Bank of the Philippines. He holds a diverse skillset, owing to his time, both with the public and private sectors. He was part of Filinvest Land, Inc.’s marketing team, preparing marketing and advertising collaterals and taking part in marketing campaigns for its related companies. He was then engaged as a Technical Staff by the Commission on Higher Education’s International Affairs Staff, primarily handling Transnational Higher Education and Free Trade Agreements. He held such assignment while pursuing his law degree and immediately after sitting the 2021/22 Bar Examination. Thereafter, he was once more engaged by Filinvest Land, Inc., serving as a Legal Counsel, assigned to litigation. Under such capacity, he represented the Company in civil, criminal and administrative cases, and rendering legal opinions when needed. He holds a degree in Bachelor of Arts in Journalism from the University of the Philippines - Diliman and obtained his Juris Doctor degree the College of Law of the same University. He passed the 2021/22 Bar Examinations, cited with Exemplary Performance.
Executive Committee
• Mr. Liduvino S. Geron – Chairperson
• Ms. Filipina B. Monje
• Ms. Lizette Margaret Mary J. Racela
Audit Committee
• Ms. Maria Belma T. Turla – Chairperson
• Ms. Daisy M. Macalino – Independent Director
• Ms. Filipina B. Monje
Risk Oversight Committee
• Mr. Randolph L. Montesa – Chairperson
• Ms. Marilou L. Villafranca
• Ms. Maria Belma T. Turla
Corporate Governance Committee
• Ms. Marilou L. Villafranca – Chairperson
• Ms. Daisy M. Macalino
• Mr. Randolph L. Montesa