Advisories
Advisory to the Public – Regulation on Large Value Cash Transactions (per BSP Circular No. 1218). Read here.
Client Advisory on System Maintenance on October 19, 2025. Read here.
BancNet System Maintenance Advisory (as of September 24, 2025). Read here.
BancNet System Maintenance Advisory (as of September 22, 2025). Read here.
BancNet System Maintenance (September 19-22, 2025). Read here.

Michael O. de Jesus
DBP President and CEO

Veteran banker Michael O. de Jesus takes the helm of the Development Bank of the Philippines (DBP) as its ninth president and chief executive officer, bringing with him a wealth of experience honed by more than four decades of local and international banking.

Prior to his appointment in DBP, de Jesus was head of the Corporate Bank of Rizal Commercial Banking Corporation (RCBC), Philippine National Bank (PNB), and United Coconut Planters Bank (UCPB). He also worked with both Citibank New York and Citibank Manila. He has a Bachelor of Arts degree in Economics from Union College in Schenectady, New York, and a Masters Degree in Business Administration (Finance) from The Wharton School, University of Pennsylvania.

Mr. de Jesus took his oath before Executive Secretary Lucas Bersamin last January 11, 2023 at Malacañan Palace, Manila.

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