Former RCBC president Gil Buenaventura dies

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Veteran banker Gil Buenaventura also served as president and chief executive officer of the state-run Development Bank of the Philippines

BUKIDNON, Philippines – Rizal Commercial Banking Corporation’s (RCBC) former president and chief executive officer Gil Buenaventura has died, the bank confirmed on Monday, April 21. RCBC announced Buenaventura’s passing through a stock exchange filing since he was serving as director for the Yuchengco-led bank. “It is with deep sorrow that [RCBC] announces the passing of Mr.

Gil A. Buenaventura, our Director, today, April 21, 2025. Mr.



Buenaventura was a valuable part of the organization being a Director of the Bank since 2016,” the bank said. Buenaventura was appointed RCBC chief in 2016 following the $81-million Bangladesh Bank fund heist. (READ: Gil Buenaventura is new RCBC president and CEO ) He also served as chief of the Development Bank of the Philippines, executive vice president and CEO of the Bank of the Philippine Islands, as well as president and CEO of Prudential Bank.

Buenaventura graduated with a BA Economics degree from the University of San Francisco and obtained his MBA in Finance from the University of Wisconsin. – Rappler.com.