Eugene S. Acevedo

Eugene S. Acevedo President and CEO, Rizal Commercial Banking Corporation

Personal Background

Eugene Acevedo is the President and Chief Executive Officer of Rizal Commercial Banking Corporation (RCBC). He joins the USC Board of Trustees on December 1, 2023.

Under his leadership, RCBC accelerated its business and digital transformation, winning multiple awards in innovation including best digital bank and best retail bank. RCBC also took major strides in sustainable finance resulting in landmark green bond issues which support renewable energy projects.

Eugene has been a banker for over three decades. He started as a Management Associate in Citibank in 1987 and retired as Managing Director responsible for Hong Kong and Taiwan Global Markets. His other senior roles include being regional head of Asia derivatives sales, and country treasurer for the Philippines and Hong Kong. He was also President and CEO of Philippine National Bank, SEVP of UnionBank, and Chairman of City Savings Bank.

Eugene studied physics as a Department of Science and Technology (DOST) scholar, obtaining magna cum laude honors at the University of San Carlos where he chaired his college student council. He moved to the University of the Philippines in Diliman as a physics lecturer. In 1987, he graduated from the Asian Institute of Management where was the Javier Nepomuceno Scholar. He completed the Advanced Management Program at the Harvard Business School.