FinTech Magazine - November 2021 | Page 29

UNIONBANK

Union Bank of the Philippines is leading the way in terms of banking innovation in the region . Henry Aguda , UnionBank ’ s dynamic CTOO and CTO , tells us more

Henry Aguda hasn ’ t always worked in finance . In fact , the charismatic banking whizz who is currently both Chief Technology and Operations Officer , and concurrently , Chief Transformation Officer at UnionBank , says that it was his experience as a customer , first , that led him to his career in the banking sector .

“ I joined the bank five years ago . I ' m originally a telco guy , but five years into the banking industry I could call myself an aspiring banker ,” he laughs .
Aguda spent his former years working as a merger of technology and finance , but mostly in the telco space . He then joined the bank and two years into the banking tenure , the board decided to create the fintech spinoff venture for UnionBank , which is UBX . Since then , he has been able to mix both technical and financial experience to create a unique banking subsidiary that is focused on creating technology innovation around financial services .
His innovative leadership within the bank , he explains , has been led by his experience as a bank user . “ Well , let ' s just say I ' m a consumer of the financial sector . In the olden days , I avoided going to the bank branch unless it was necessary . I don ' t like lining up , and like most people , I don ' t want to be signing documents .”
“ As a consumer , what has attracted me most about this industry is that I know I can make an impact in terms of making people ' s lives easier If we apply the digital discipline appropriately .” fintechmagazine . com 29