Philippine National Bank said Alice Cordero will resign as first senior vice president, chief compliance officer and head of the global compliance group, effective April 8.

Cordero resigned due to health reasons, the bank said March 25. Isagani Cortes will replace Cordero in the roles, effective June 24.

Further, Benjamin Ramos Jr. was appointed as senior assistant vice president and officer-in-charge of the global compliance group, effective April 8.