Armando O. Raquel-Santos
Director

Bringing with him a distinguished track record in banking and finance, Director Armando O. Raquel-Santos was formally appointed to the DBP Board of Directors on June 19, 2025.

With more than six decades of extensive experience in both domestic and international banking, Raquel-Santos’ career began with the Commercial Bank and Trust Co., Manila. He also held key roles in Citibank Manila, Rizal Commercial Banking Corporation, Investment Underwriting Corporation of the Philippines and APCOR Finance.

He also took vital positions in Commercial Bank of Manila, Morrisey, Ltd. New York, Prior Management Corporation, Finvest Securities Company, Inc. and Call Asia, Inc. He currently serves as the Chairman of RVNAA Associates, Inc.

Director Raquel-Santos took postgraduate studies leading to the degree of Masters Degree for Professional Executives (MDPE) from Columbia University in New York and earned his undergraduate studies in the same field at the University of the Philippines