Ana Aboitiz Delgado makes history as first woman to lead BAP, signals push for AI-ready Philippine banking

• IN PHOTO: Ana Aboitiz Delgado (contributed photo)

The Bankers Association of the Philippines (BAP) has elected Ana Aboitiz Delgado as its president for the 2026–2027 term, marking a historic first as the organization’s first woman leader in nearly eight decades. The appointment comes as the Philippine banking sector enters a critical phase shaped by rapid digitalization, the growing integration of artificial intelligence, and rising systemic risks.

Delgado, who currently serves as President and CEO of UnionBank of the Philippines, brings over 20 years of experience driving transformation within one of the country’s most tech-forward banks. Her leadership has been closely tied to UnionBank’s push into digital banking, customer-centric design, and innovation across retail, SME, and institutional segments.

Her election signals a continuity of that transformation at an industry level, as BAP takes on a more active role in aligning banks around emerging technologies and shared infrastructure.

“As we accelerate digitalization and unlock the potential of AI, we also face a next generation of risks that extend beyond individual institutions and national borders. These risks are further compounded by the economic impact arising from geopolitical uncertainty. Together, they underscore the BAP’s role in advancing industry-wide standards and deepening collaboration—so trust in the financial system is not only preserved, but strengthened,” Delgado said.