DBPLC CORPORATE PROFILE
HISTORY
The DBP Leasing Corporation (DBPLC), formerly named the National Development Corporation – Maritime Leasing Corporation, was acquired by the Development Bank of the Philippines (DBP) from the National Development Corporation (NDC) on 12 June 2008; DBP then renamed the company to the DBP Maritime Leasing Corporation (DMLC). On 14 January 2010, the DMLC became the DBP Leasing Corporation to reflect the change in the organization’s business scope and objectives. DBP-LC is a financing company wholly owned by the DBP and the company’s primary purpose is to undertake leasing and financing activities complementary to DBP’s development activities.
FUNCTIONS
- Top Management (Board of Directors, and President and CEO)
The DBPLC Top Management is composed of the Board of Directors and by the President and CEO. The Board is the highest policy-making body of the DBPLC whose members are appointed by the President of the Republic of the Philippines. A Risk and Compliance Office (RCO) assists the Board in the performance of oversight functions in risk management and compliance with regulatory requirements.
- Accounts Management Group
The Accounts Management Group (AMG) is responsible for the business development, account acquisitions, and product development / packaging of the company.
- Credit Review and Evaluation Group
The Credit Review and Evaluation Group (CREG) is responsible for credit underwriting / evaluation, credit investigation, and industry research of the company.
- Operations Group
The Operations Group (OG) is responsible for the availments and documentation, leased asset procurement, construction management, asset maintenance, and the strategic planning of the company.
- Finance Group
The Finance Group (FG) is responsible for the accounting / booking, collection, treasury / funding, and financial accounting of the company.
- Legal Services Group
The Legal Services Group (LSG) is responsible for litigation, administrative legal, documentation, and legal opinion research, remedial management, and corporate board secretariat services.
- Support Services Unit
The Support Services Unit (SSU) is responsible for the general administration, human resources, information technology, and records management of the company.
BOARD OF DIRECTORS
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Chairman
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| Director Benhur S. Mongao |
Vice-Chairman
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| Director Danilo E. Bernal Jr. |
Member
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Member
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| Director Jess G. Estoesta |
Member
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Member
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| Director Delfin T. Hallare, Jr. |
DBP representative to the DBPLC Board (pursuant to DBP Board Resolution No. 0154) |
Trainings Attended by DBPLC Directors
BOARD-LEVEL COMMITTEES
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MANAGEMENT COMMITTEE
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| Andrew C. Kong |
President and CEO
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Vice President for Finance
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Chief Financial Officer
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| Atty. John DX S. Lapid | Vice President for Operations Group |
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Assistant Vice President for Accounts Management Group
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| Assistant Vice President for Accounts Management Group | |
| Assistant Vice President for Legal Services Group | |
| Head Support Services Group | |
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Credit Manager |
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| Thyrza F. Pacris | Accounts Manager |
| Atty. Juan Romulo R. Taleon | Corporate Secretary / Temporary Risk And Compliance Officer |
