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Philippine Bank of Communications withdraws election of director

Philippine Bankof Communications said April 5 that Ridha Wirakusumah will no longerbe elected as directordue to the statutory limit on the nationality of bank directors.

The board on March 30 decided to withdraw its request from thecentral bank to confirm Wirakusumah's election. 

In addition, the bank said Expedito Garcia was appointed Aug.26, 2015, as senior vice president and head of customer information and transactionbanking group. The appointment was effective Sept. 1, 2015.