Chairman and CEO

(effective March 2, 2017)

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.

Director Bangcola, 67 years old, 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.

Acting Chief Operating Officer /  Legal Counsel

she joined AAIIBP as Legal Counsel of the bank in May 2017. In April 2018, She was designated by the Board of Directors as Acting Chief Operating Officer to primarily assist Chairman and CEO Alex P. Bangcola redirect the bank to full Islamic banking, the path where the bank should have tread on since its birth 45 years ago. She finished law school in 2002 at the Mindanao State University-Main Campus, Marawi City, A.B. English (Major in Literature) in 1997 at MSU-Iligan Institute of Technology (MSU-IIT), Iligan City, and High School in 1990 from MSU-Integrated Laboratory School (ILS) at the Main Campus, Marawi City. After admission to the Philippine Bar in 2005, she started her legal profession as legal consultant for the Department of Education (DepEd) from January 2007 to March 2016 and, side by side, pursued private practice in the fields of administrative, election, commercial and criminal cases. Before becoming a lawyer, her interest were in culture and the arts that led her to work as a project development officer for then Undersecretary for Muslim Affairs of DepEd (2004-2006), as a cultural worker at the Cultural Development Office of MSU-IIT (1999-2000) and the Cultural Affairs of the City Mayor’s Office of Iligan City (1996-1997). In College, she joined the Integrated Performing Arts Guild of MSU-IIT (1995-1997) and was a volunteer class tutor [in English] for incoming freshmen students belonging to the different cultural minorities in Mindanao under the then College Bound Program of MSU (in the summer classes of 1993-1996).

Acting Head, Treasury

The Head of the Bank's Treasury Department is Ms. Nursalyn H. Ladjabassal. Ms. Ladjabassal joined the Bank in 1999 as Treasury Analyst I and then rose from the ranks until she became head of the Treasury Department. She finished BS Accountancy from Ateneo de Zamboanga in 1998.


 Compliance Officer

Ms. Aprilie Mae B. Malacay joined the Bank in September 2008 and held various key positions in the Bank until she became the Designated Risk Officer in 2016 and presently the Compliance Officer of the Bank.

Ms. Malacay finished her Bachelor of Science in Commerce major in Financial Management from the Ateneo de Zamboanga University in 2004 as an Academic Scholar, she also earned units in Masters in Business Administration from the same University and earned her Masters in Public Administration from the University of Visayas in 2012. Ms. Malacay has also completed the Certificate Course in Strategic Compliance for the Banking Industry on May 2017 at the De La Salle University.

Corporate Communications Officer

Ms. Rowena B. Cunanan, the Head of Human Resource Management (HRM) joined the Bank in 2009 as Division Chief II for HRM. She was promoted to her current position in December 2009. Prior to joining AIB, she worked for the DBP Service Corporation for eleven years. She was the Assistant Division Chief of the Personnel Department when she left the company. 

Ms. Cunanan finished her Bachelor of Arts degree in 1989 at the Pamantasan ng Lungsod ng Maynila with full scholarship from the Manila government. She likewise completed the academic requirements of her Master's of Arts degree in Industrial Psychology at the same university in 1996 and finished her Professional Teaching Certification at the University of the Philippines Open University in 2013.

Designated Risk Officer

Mr. Oliver E. Saniano finished degree in Computer Science at Collegio de San Juan de Letran in 2002. Prior to joining the Bank, he was working as System Administrator at Luzon Development Bank in Calamba Laguna. Prior to this, he was a Programmer and then later on promoted to head the IT Department of Rural Bank of Canlubang Planters, Inc.

He was hired by the Bank in January 2013.

Head, Credit and Appraisal Unit

Dedicated Head, Consumer Assistance Officer

Mr. James B. Porto is a graduate of Ateneo de Zamboanga University with a degree of Bachelor of Science in Business Administration. He later pursued his Masters Degree with University of the Visayas and graduated from graduate course in Public Administration with the degree of MASTERS IN PUBLIC ADMINISTRATION (MPA) last October 19, 2012. In 2013, He took and passed the Appraisers and Brokers licensure exam given by PRC.

Mr. Porto started his banking career with Rizal Commercial Banking Corporation as a CASA Bookkeeper and later became an Appraiser of the bank. After eight (8) years with RCBC, he was hired as a Branch Manager of Peninsula Development Bank, Inc. (PENBANK). He is the pioneer Branch Manager of the PENBANK Branch in Zamboanga City. He worked with PENBANK for four (4) years before Al-Amanah Islamic Bank Hired him last July 04, 2011.

Mr. Porto was hired as the Head of the Credit and Appraisal Unit and recently designated Dedicated Head, Consumer Assistance Officer of Al-Amanah Islamic Investment Bank of the Philippines.

Corporate Secretary

Atty. Carlos R. Cruz is the incumbent Corporate Secretary of AAIIBP. He was the Senior Consultant and Deputy Administrator for Legal Affairs of the Subic Bay Metropolitan Authority, and First Senior Vice President and Chief Legal Counsel and later became the Executive Vice President of the Development Bank of the Philippines. He was also a board member of the DBP Management Corporation, DBP Service Corporation, PISCOR Steel Corporation, Philippine International Trade Corporation, San Carlos Fruit Corporation, LBP Leasing Corporation, Philippine Biotechnology Co., Inc., and Ventures in Industry and Business Enterprises. He was also the Vice President and Chief Legal Counsel of the Philippine National Bank and also held key positions in several private institutions.

Atty. Carlos R. Cruz obtained his Bachelor of Laws and B.S. Jurisprudence from the University of the Philippines in 1962.