Economics, Finance and Accounting Department

Mr. Estelito C. Biacora is currently Senior Vice President and Head of Private Banking at Bank of the Philippine Islands; he served as Vice President and Head of Global Markets for Financial Markets and Treasury Group. He is a member of the bank’s Finance and Risk Management Committee; and was appointed as member of the Board of Directors of BPI, International Finance Limited, Hong Kong.

He has extensive experience in both local and global investments; he served as head of the bank’s foreign currency and global fixed income trading and investments focused on U.S. Treasuries, Asia and Emerging Markets sovereign and corporate high yield and high grade bonds. He has over 20 years of treasury experience mainly in global financial markets and has spent his career on investments and portfolio management, foreign exchange trading, fixed income, derivatives and credit markets.

He had short stint with Rizal Commercial Banking Corporation and has held key positions in other distinguished banking institutions namely Far East Bank and Trust Company and Banco Santander, Philippines. He previously served as President and currently a member of the Board of Directors of ACI Philippines – The Financial Markets Association, affiliated to the Paris-based organization of global markets professionals.

He has participated in international finance conferences, seminars, including an in-depth training on treasury & markets at Development Bank of Singapore and derivatives and options pricing at J.P. Morgan, Singapore. Mr. Biacora currently serves as resource lecturer at BAP – Ateneo Institute of Banking and facilitator for investment management and financial engineering courses at Ateneo De Manila Graduate School of Business in Rockwell, Makati City. He is a Certified Treasury Professional and graduated with a B.S. Finance Degree as a scholar and Masters in Business Administration from De La Salle University.