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Mr. Higinio O. Macadaeg, Jr.

President and Chief Executive Officer of United Coconute Planters Bank (UCPB), Mr. Macadaeg is concurrently Chairman of UCPB Savings Bank; UCPB Leasing and Finance Corporation; and UCPB Securities, Inc.. He also serves as Director at UCPB Properties, Inc. and United Foreign Exchange Corporation. He held senior executive positions at Equitable-PCI Bank, Metropolitan Bank and Trust Company, Solidbank Corporation, Standard Chartered Bank, and Citytrust Banking Corporation. He took an Advanced Management Training Program at the Wharton School, University of Pennsylvania. He obtained a Bachelor of Science in Management degree from the Ateneo de Manila University.