A prominent and seasoned banker has formally assumed the position as head of one of the largest government financial institutions in the country, vowing to strengthen and expand the Bank’s role in infrastructure financing to sustain the country’s growth momentum.
“As I take the helm of DBP, it is with high hope and confidence that this Bank will continue to boost and sustain our infrastructure push,” de Jesus said. “Together with our stakeholders, we will ensure that DBP fulfills its mandate of developmental financing especially infrastructure development, as this is a top priority of President Marcos Jr.”
DBP is the eighth largest bank in the country in terms of assets and provides credit support to four strategic sectors of the economy – infrastructure and logistics; micro, small and medium enterprises; the environment; and social services and community development. It has a network of 146 branches and branch-lite units, many of which are located in far-flung and underserved communities.
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