Katipunan Bank Completes 6-day Enterprise Risk Management Training Program

(Seated, from left to right) Katipunan Bank Board of Director Magdalena Eguia, Land Bank of the Philippines Head of Regulatory Compliance Department Don V. Sumadchat, Katipunan Bank Chairman Emeritus Bienvenida Alano, Katipunan Bank Board of Director Emma Bastasa, Katipunan Bank President Higino T. Alano, Katipunan Bank Board of Director Josefina Aguilar, and Land Bank of the Philippines Risk Management Group Retired Department Manager designated as Basel Officer for Enterprise Risk Alicia D. Bautista along with Katipunan Bank Officers and Department Heads.
(Seated, from left to right) Katipunan Bank Executive Vice President Jonilyn Napigkit, Katipunan Bank Chief Compliance Officer Margarita Suelto, Katipunan Bank Vice President for Finance and Accounting Nurfaiza Tagaloguin, Land Bank of the Philippines Acting Risk Management Officer Olimpia N. Cruz, Land Bank of the Philippines Risk Management Group Retired Department Manager designated as Basel Officer for Enterprise Risk Alicia D. Bautista, Land Bank of the Philippines Head of Regulatory Compliance Department Don V. Sumadchat and Katipunan Bank Accounting Manager Mabel Lorddearie Dumapias along with Katipunan Bank Officers and Department Heads.

Katipunan Bank’s Board of Directors, officers and staff completed the 6-day training on Enterprise Risk Management (ERM) last August 19, 2017, September 28-30, 2017, and October 27-28, 2017 at Katipunan Bank Corporate Office’ Training Hall in Dipolog City.

The training aims to provide KBI’s Board of Directors, Core Management Team, Department Heads, Officers and Staff with strong foundation on the concepts on Risk Management; identify risks associated with the lending activities of KBI and simultaneously craft strategies to address those risks and enhance operational policies, processes and efficiencies; inculcate Risk Management as part of KBI’s culture; and integrate Risk Management as part of Good Corporate Governance, Compliance Management, and Strategic Management.

The notable speakers invited were independent consultants headed by Ms. Alicia D. Bautista, a retired Department Manager designated as Basel Officer for Enterprise Risk Management Group of Land Bank of the Philippines (LBP).