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Chairman and CEO

70 Years Old

On February 17, 2017, Mr. Alex P. Bangcola took his oath of office as Board Director of the Al-Amanah Islamic Investment Bank of the Philippines. His oath was administered by the Chairman of the Governance Commission for Government Owned or Controlled Corporations (GCG), Chairman Samuel G. Dagpin, Jr. at the GCG Head Office in Makati City.

He was earlier appointed as Board Director by President Rodrigo R. Duterte on January 31, 2017 and was elected as Chairman and CEO of the Bank on March 2, 2017.

Chairman Bangcola is an accomplished bank manager with more than 20 years of professional work in finance, marketing, academe and energy development. He has worked with several banks including United Coconut Planters Bank, where he received an award by former President Fidel V. Ramos for his contribution to the government’s dollar repatriation program as Head of International Remittance. He has also held positions as Area Head – Europe for Rizal Commercial Banking Corporation, and as First Assistant Vice President for Asiatrust Development Bank.

 

Chairman: Executive Committee

Chairman: Human Resource Committee

 

--- Board of Directors: Al-Amanah Islamic Investment Bank of the Philippines ---

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Director

72 Years Old

Maria Lourdes Laurel-Avancena Arcenas is a clinical psychologist by profession. Her expertise is resiliency strengthening and competence-building.

She obtained an AB degree in Psychology from St. Scholastica’s College-Manila graduated Cum Laude and an MA in Clinical-Counselling Psychology from Ateneo de Manila University.

Ms. Arcenas is Rotary Ambassadorial Scholar at Stanford University, California where she received an MA in International Development Education. She has an accreditation certificate in Partnerships Brokering for Sustainable Development from the Overseas Development Institute Program, Deakins University, Australia and in Conflict Resolution/ Peace Building from Chulalongkorn University, Thailand. Her career experience spans psychodiagnostics, human resources management, crisis communication, team building, and resource governance. She is currently Senior Advisor-Corporate Social Responsibility to local and international corporations in the mining, power, forestry, infrastructure sectors. She is pro-bono Trustee of the Mothers for Peace Social Enterprise Inc. that provides women in peace-building roles with opportunities of building capacity for sustainable livelihoods. She was elected as Director of the Bank on September 28, 2017.

 

Vice Chairman: Human Resource Committee

Member: Executive Committee

 

--- Board of Directors: Al-Amanah Islamic Investment Bank of the Philippines ---

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Director

74 Years Old

Director Garcia is a member of the Board of Directors of AAIIBP. He likewise serves as a member of the Board of Development Bank of the Philippines (DBP) on September 28, 2017. Prior to his involvement in the Bank, he was once a member of the Parliament of Batasang Pambansa. He also served as a Deputy Minister/Undersecretary of the Department of Labor and Employment. A former Lecturer and Legal Officer of Mindanao State University, he also served as Director of Manila International Airport Authority from 1990 to 1992. Dir. Garcia is a graduate of San Beda College. He earned his degree in Bachelor of Arts in the year 1967. He took Bachelor of Laws thereafter and graduated in 1971. He passed the Bar Examination in the following year.

Director Garcia became also the Governor of the PDP-Western Mindanao Region in 2005-2007 and likewise the Deputy of the IBP Commission on Bar Discipline in 2007-2009 and 2016. He was appointed as member of the Board of Trustees of the Knight of Columbus Fraternal Assn. Inc. (KCFAPI). He became the President of the JCI Senate Philippines, Inc., in 2013-2016.

 

Vice Chaiman: Executive Committee

 

--- Board of Directors: Al-Amanah Islamic Investment Bank of the Philippines ---

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Director

61 Years Old

Director Hadjirul earned his Bachelor’s Degree in Civil Engineering in Cebu Institute of Technology, Cebu City in the year 1985.

Before he joined the Bank as Director, he was practicing his profession thru his involvement in various private construction companies. He was employed as Civil Engineer in Department of Public Work and Highways from 1989-1990. He was appointed as a Director of the Bank on March 22, 2018.

 

Member: Executive Committee

Member: Human Resource Committee

 

--- Board of Directors: Al-Amanah Islamic Investment Bank of the Philippines ---

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Director

46 Years Old

Mr. Allen A. Macaraig was recently elected as one of the members of the AAIIBP Board of Directors in its Special Stockholders meeting held on April 21, 2022.. As a Director, he is likewise appointed as a Vice Chairperson of the HR Committee and Member of the Executive Committee.

A graduate of Bachelor of Science in Commerce degree from the University of Batangas in 1997, Dir. Macaraig is a seasoned entrepreneur and currently the Chairperson of the Macaraig Group of Companies.

Similarly, he is also doing consultancy and advisory services to DENR- Environmental Management Bureau Region 4A and at the Office of the Governor's Consultant for Sports in Batangas Province. Prior to this, he was an Executive Assistant to the Mayor at the Municipality of Taysan, Batangas from 2013-2016.

He is active in several organizations and holds several positions such as First Vice President of the Lion's Club and a Member of the Philippine Eagles Fraternal. He also became President of the Rotary Club of Greenhills from 2012 to 2013.

  

--- Board of Directors: Al-Amanah Islamic Investment Bank of the Philippines ---

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Director

61 Years Old

Director Sisinio S. Narisma has been appointed as Member of the Board of Directors of Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP) on June 14, 2019 and end his term on December 31, 2020. He was re-elected as Member of the Board of Directors on September 30, 2021.

Dir. Narisma is currently a Senior Vice President at the Development Bank of the Philippines. Prior to this, he became a Vice President and Assistant Vice President in the same bank in 2014 and 2009, respectively. He first joined DBP as Property Appraiser and was promoted to various positions until he became a Bank Executive Officer I in 1997. Dir. Narisma earned his Bachelor of Science in Agricultural Engineering degree from Visayas State University and holds his Master’s Degree in Public Administration from Bukidnon State University.

 

Vice Chairman: Audit and Compliance Committee

 

--- Board of Directors: Al-Amanah Islamic Investment Bank of the Philippines ---

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Director

53 Years Old

Director Saidah T. Pukunum has been appointed as Member of the Board of Directors of Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP) on December 12, 2019.

Dir. Pukunum is an entrepreneur and is the current Chairwoman/Founder of Philippine Muslim Women Business.

Dir. Pukunum is a graduate of Bachelor of Science in Nursing and Elementary Education and has a diploma in Midwifery.

 

Chairman: Risk Oversight Committee

Member: Corporate Governance Committee

Member: Audit and Compliance Committee

 

--- Board of Directors: Al-Amanah Islamic Investment Bank of the Philippines ---

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Director

38 Years Old

Atty. Mamarico L. Sansarona, Jr.was appointed as AAIIBP Independent Director on August 6, 2020. Currently, he is connected with the National Commission on Muslim Filipinos (NCMF) as Chief in Legal Division. He is also a Partner at De Guzman, Rafal and Sansarona Law in Pasay City.

Atty. Sansarona also worked as Consultant, Corporate/Associate Lawyer in several government and private agencies.

Atty. Sansarona obtained his degrees in Bachelor of Science in Business Administration major in Management and Juris Doctor from the Mindanao State University (Marawi City). He was admitted in Philippine Bar in November 2011.

 

--- Board of Directors: Al-Amanah Islamic Investment Bank of the Philippines ---

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