History
CARD MRI RIZAL BANK, Inc., A Microfinance-Oriented Rural Bank (Formerly : Rizal Rural Bank (Taytay), Inc.) was founded in May 1996 by Atty Gregorio and Ms. Filomena Suarez, both veterans of the Bangko Sentral ng Pilipinas, to serve the community in Taytay, Rizal where their famiy resides. The bank also provided various financial as well as consultancy services to the people of Taytay.
On August 1, 2012, the Center for Agriculture and Rural Development, Inc. (CARD, Inc.), CARD Bank, Inc, and individual investors submitted its intent to purchase 100% ownership of the bank. Thus, on October 11, 2012 the CARD Mutually Reinforcing Institutions (CARD MRI) group and the Suarez family had a formal signing to signify the official sale of CARD MRI RIZAL BANK, Inc. to the CARD MRI Group.
Implementation of microfinance program was then started by applying the CARD MRI methodology of transitioning evaluated clients from Taytay Units 1 and 2 of CARD, Inc. This is parallel to the objectives of the CARD MRI Group: serving the socially-and-economically challenged families.
Bangko Sentral ng Pilipinas officially approved on January 25, 2013, through Monetary Board Resolution 155, the transfer of 100% ownership of CARD MRI RIZAL BANK, Inc. to the CARD MRI Group including the transfer of RBI’s head office to Sta. Cruz, Laguna and establishment of additional three branches and ten (10) Micro-banking Offices.
Vision and Mission
Vision
CARD MRI RIZAL BANK, Inc. is a world-class leader in microfinance and community-based social development undertakings that improves the quality of life of socially and economically challenged women and families towards nation building.
Mission
CARD MRI RIZAL BANK, Inc. is committed to:
- Empower socially and economically challenged women and families through continuous access to financial, microinsurance, educational, livelihood, health and other capacity-building services that eventually transform them into responsible citizens for their community and the environment;
- Enable the women members to gain control and ownership of financial and social development institutions; and
- Partner with appropriate agencies, private institutions, and people and community organizations to facilitate achievement of mutual goals.
Our Team
BOARD OF DIRECTORS
Mr. Aristeo A. Dequito
Chairman
Ms. Elma B. Valenzuela
Director/President/CEO
Dr. Dolores M. Torres
Director
Mr. Julius Adrian R. Alip
Director
Ms. Marie Josephine M. Ocampo
Director
Ms. Julieta A. Miranda
Independent Director
Ms. Leonora S. Lasco
Independent Director
Mr. Faustino M. Buenaventura
Independent Director
Ms. Suzette S. Marquez
Independent Director
Dr. Jaime Aristotle B. Alip
Board Adviser
Ms. Natividad N. Alejo
Board Adviser
MANAGEMENT COMMITTEE
Ms. Elma B. Valenzuela
President and CEO
Ms. Juliana B. De Leon
Executive Vice President
Ms. Ma. Adoracion M. Ola
Vice President for Operations
Ms. Marites S. Pedraja
Assistant Vice President for Operations
Ms. Mary Grace Vergavera
Vice President for Finance and Accounting
Mr. Hilario Umiten Jr.
Chief Compliance Officer -OIC
Mr. Pedro L. Maniebo
Sr. Regional Director
Ms. Nenia I. Peralta
Sr. Regional Director -OIC
Ms. Medelyn K. Alimagno
Sr. Regional Director – OIC
Ms. Venus J. Manrique
Regional Director
Ms. Ruby Anne D. Suministrado
Regional Director
Mr. Joseph G. Verano
Regional Director
Ms. Rebecca F. Ano-os
Regional Director -OIC
Mr. Florante F. Andaya
Regional Director-OIC
Mr. Artemio A. De Las Alas
Regional Director-OIC
Mr. Robert F. Urgino
Regional Director-OIC
Mr. Roneil Ganohay
Sr. Area Manager
Ms. Clarissa C. Bolivar
Sr. Area Manager
Mr. Mark Jayson Soriano
Sr. Area Manager
Ms. Ma. Theresa Boncodin
Sr. Area Manager
Ms. Jhenny Logdat
Sr. Area Manager
Ms. Lyne Inot
Sr. Area Manager
Mr. Heric Acbayan
Sr. Area Manager
Ms. Ma. Cecilia Comaling
Sr. Area Manager
Mr. Juanito Alfonzo Jr.
Deputy Director for Risk Management -OIC
Mr. Joseph Tabora
Deputy Director for Audit -OIC
Ms. Maria Ernelyn D. Dajao
Director for IT Operations -OIC
Ms. Grethel Besonia
Deputy Director for HR -OIC
Mr. Oliver G. Quinay
Deputy Director for Konek2CARD
Mr. Glenn C. Matienzo
Information Security Officer
Ms. Aprille Joyce B. Rodriguez
Marketing Manager
Mr. Ronelio Estoya
Deputy Director for IT Operation