Security Bank Executive and Leadership Team

October, 2026

Leadership Overview

Security Bank has 10 executives leading key functions including strategy, marketing, financial oversight, technology, operations, business banking, human capital, and administration.

Committed to delivering comprehensive financial solutions, Security Bank empowers clients through robust retail, commercial, and corporate banking services while driving sustainable economic growth across the Philippines.

Leadership Roles at Security Bank

  • President & Chief Executive Officer - Michael Dagdagan
  • Chief Financial Officer - Allen Reyes
  • Chief Financial Officer & Interim Head of Business Banking Segment - John Yap
  • Chief of Staff & Chief Financial Officer, Office of - Sarah Palmero
  • Chief Operating Officer - Lucose Eralil
  • President - John Baumiller
  • Chief Marketing Officer - Patricia Tan
  • Chief Technology Officer - Ric Torres
  • Executive Vice President & Chief People Officer - Nerissa Berba
  • Chief Administrative Officer (CAO) - Joey Mape
  • Michael Dagdagan - President & Chief Executive Officer

    Michael Dagdagan, the President & Chief Executive Officer at Security Bank, directs the overarching strategic vision for the entire universal banking organization. Overseeing the integration of retail, commercial, and corporate banking divisions, the President & Chief Executive Officer ensures alignment with long-term growth objectives. This leadership role involves navigating complex market dynamics within the Philippine financial sector to maintain competitive positioning. By fostering innovation across treasury and capital markets, Michael Dagdagan directly influences the bank's ability to provide comprehensive financial solutions to diverse client segments. The President & Chief Executive Officer maintains rigorous standards for corporate governance and operational excellence, ensuring that all business units contribute to the institution's stability. Through consistent engagement with the Board and senior management, Dagdagan drives the execution of high-level initiatives that expand the bank's market reach and enhance shareholder value.

    Allen Reyes - Chief Financial Officer

    Allen Reyes, the Chief Financial Officer at Security Bank, manages the institution's fiscal health, capital allocation, and financial reporting processes. Overseeing the treasury and investment product accounting, the Chief Financial Officer ensures compliance with regulatory requirements while optimizing the bank's balance sheet. This leadership role involves providing critical financial analysis to support strategic decision-making regarding corporate banking and trade services. By maintaining robust internal controls and risk management frameworks, Allen Reyes secures the financial integrity of the organization. The Chief Financial Officer coordinates with external auditors and the Board to provide transparency regarding the bank's performance in the Philippine Stock Exchange. Through meticulous oversight of capital markets activities, Reyes supports the bank's ability to fund growth initiatives and deliver consistent returns. This role remains central to the long-term financial stability and operational success of the entire banking enterprise.
    Allen Reyes

    John Yap - Chief Financial Officer & Interim Head of Business Banking Segment

    John Yap, the Chief Financial Officer & Interim Head of Business Banking Segment at Security Bank, balances fiscal oversight with the specific growth requirements of the business banking division. Overseeing the financial performance of SME and corporate portfolios, the Chief Financial Officer & Interim Head of Business Banking Segment ensures that lending products and trade services meet the needs of commercial clients. This leadership role involves developing strategies to expand the bank's footprint within the business sector while maintaining strict credit risk management. By aligning financial resources with the specific demands of the business banking segment, John Yap drives revenue growth and market penetration. The Chief Financial Officer & Interim Head of Business Banking Segment collaborates with other C-suite leaders to ensure that business banking initiatives support the overall institutional strategy. Through targeted market analysis, Yap optimizes the delivery of financial solutions to the bank's corporate partners.
    John Yap

    Sarah Palmero - Chief of Staff & Chief Financial Officer, Office of

    Sarah Palmero, the Chief of Staff & Chief Financial Officer, Office of at Security Bank, coordinates executive workflows and manages the financial planning processes within the leadership office. Overseeing the administrative alignment of strategic projects, the Chief of Staff & Chief Financial Officer, Office of ensures that the executive team remains focused on key institutional priorities. This leadership role involves facilitating communication between the Board and various departments to streamline decision-making regarding capital markets and investment products. By managing the operational budget and resource allocation for the executive office, Sarah Palmero supports the efficiency of the entire leadership structure. The Chief of Staff & Chief Financial Officer, Office of provides critical support in tracking the progress of bank-wide initiatives, ensuring that all activities align with the corporate mission. Through meticulous coordination, Palmero enables the executive team to execute complex financial strategies effectively.

    Lucose Eralil - Chief Operating Officer

    Lucose Eralil, the Chief Operating Officer at Security Bank, manages the day-to-day operational efficiency of the bank's extensive branch network and service delivery systems. Overseeing the execution of retail and commercial banking processes, the Chief Operating Officer ensures that service standards remain high across all customer touchpoints. This leadership role involves optimizing internal workflows to support the delivery of deposit accounts, loans, and credit cards. By streamlining operational procedures, Lucose Eralil enhances the bank's capacity to serve large corporate clients and SMEs effectively. The Chief Operating Officer coordinates with technology and finance departments to ensure that operational resources align with the bank's strategic goals. Through the implementation of lean management practices, Eralil drives productivity improvements and reduces overhead costs. This role remains vital for maintaining the operational agility required to support the bank's broad range of financial products and services.

    John Baumiller - President

    John Baumiller, the President at Security Bank, focuses on the execution of specific operational mandates and the expansion of the bank's service capabilities. Overseeing the implementation of strategic initiatives within the retail and commercial banking sectors, the President ensures that the institution maintains its competitive edge in the Philippine market. This leadership role involves driving the development of new financial products and enhancing the delivery of existing services to individual and corporate clients. By fostering partnerships and managing key stakeholder relationships, John Baumiller supports the bank's growth trajectory and market influence. The President collaborates with the broader executive team to ensure that operational activities remain consistent with the bank's long-term vision. Through the oversight of key business units, Baumiller drives the achievement of performance targets and ensures that the bank continues to provide comprehensive financial solutions to its diverse client base.

    Patricia Tan - Chief Marketing Officer

    Patricia Tan, the Chief Marketing Officer at Security Bank, architects the brand strategy and customer engagement initiatives across all digital and physical channels. Overseeing the development of marketing campaigns for deposit accounts, credit cards, and investment products, the Chief Marketing Officer ensures that the bank's value proposition resonates with retail and SME clients. This leadership role involves analyzing market trends to optimize customer acquisition and retention strategies throughout the Philippines. By leveraging data-driven insights, Patricia Tan enhances the visibility of financial solutions, ensuring that the brand remains a top-tier choice for consumers. The Chief Marketing Officer collaborates with product teams to align promotional efforts with the bank's broader commercial goals. Through the implementation of targeted communication strategies, Tan strengthens the institution's market presence and fosters deeper relationships with the diverse client base served by the organization.
    Patricia Tan

    Ric Torres - Chief Technology Officer

    Ric Torres, the Chief Technology Officer at Security Bank, drives the digital transformation of the bank's infrastructure and service delivery platforms. Overseeing the development of secure digital channels, the Chief Technology Officer ensures that retail and corporate clients access financial services with efficiency and reliability. This leadership role involves architecting scalable cloud solutions and cybersecurity protocols to protect sensitive financial data across the network of branches and ATMs. By integrating advanced fintech capabilities into the existing banking ecosystem, Ric Torres enhances the user experience for individual and SME customers. The Chief Technology Officer collaborates with operations teams to streamline cash-management and trade services through technological innovation. Through the continuous modernization of IT systems, Torres supports the bank's competitive edge in the evolving digital landscape, ensuring that all technological investments align with the institution's commitment to providing seamless financial solutions.

    Nerissa Berba - Executive Vice President & Chief People Officer

    Nerissa Berba, the Executive Vice President & Chief People Officer at Security Bank, architects the human capital strategy to support the bank's workforce across the Philippines. Overseeing talent acquisition, leadership development, and organizational culture, the Executive Vice President & Chief People Officer ensures that the institution attracts and retains top-tier professionals. This leadership role involves designing performance management systems that align employee contributions with the bank's retail and corporate banking goals. By fostering an environment of continuous learning and professional growth, Nerissa Berba enhances the overall capability of the workforce to deliver superior financial services. The Executive Vice President & Chief People Officer collaborates with other executives to ensure that human resource policies support the bank's operational and strategic objectives. Through the implementation of inclusive and high-performance workplace initiatives, Berba drives employee engagement and organizational success across all levels of the bank.

    Joey Mape - Chief Administrative Officer (CAO)

    Joey Mape, the Chief Administrative Officer (CAO) at Security Bank, manages the internal infrastructure and administrative functions that support the bank's daily operations. Overseeing facilities management, procurement, and corporate services, the Chief Administrative Officer (CAO) ensures that the organization operates with maximum efficiency. This leadership role involves optimizing the support systems required for the bank's network of branches and digital channels to function seamlessly. By streamlining administrative processes, Joey Mape enables other departments to focus on delivering retail, commercial, and corporate banking services. The Chief Administrative Officer (CAO) collaborates with the operations and technology teams to ensure that the physical and administrative environment supports the bank's strategic goals. Through the effective management of corporate resources, Mape contributes to the overall stability and operational success of the institution, ensuring that all administrative functions align with the bank's commitment to excellence.

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    Frequently Asked Questions Regarding Security Bank Top Executives and Leadership Team

    Who leads Security Bank?
    Security Bank is led by Michael Dagdagan (President & Chief Executive Officer), along with executives such as Allen Reyes (Chief Financial Officer) and John Yap (Chief Financial Officer & Interim Head of Business Banking Segment).
    Who is part of Security Bank’s executive team?
    The executive team of Security Bank includes leaders such as Michael Dagdagan (President & Chief Executive Officer), Allen Reyes (Chief Financial Officer), John Yap (Chief Financial Officer & Interim Head of Business Banking Segment) and other senior executives.
    How many executives does Security Bank have?
    Security Bank has 10 executives leading key business areas.
    What roles are included in Security Bank’s leadership team?
    The leadership team of Security Bank includes roles such as President & Chief Executive Officer, Chief Financial Officer, Chief Financial Officer & Interim Head of Business Banking Segment, Chief of Staff & Chief Financial Officer, Office of, Chief Operating Officer.