Insular Life, the country’s largest Filipino-owned life insurer, has named Claro Bonilla as the company’s new chief strategy and financial officer with the rank of executive vice president.
Bonilla’s appointment was announced by the company’s president and chief executive officer, Mona Lisa De la Cruz, during the recent annual members’ meeting held at its Alabang headquarters.
Bonilla will lead the company’s Strategy and Financial Management Group. He will be responsible for strategy development, finance, investment management, real property operations and enterprise risk management.
Bonilla is a seasoned executive with a solid senior financial management experience gained primarily from Citibank N.A., both in its domestic and international operations. He has a track record of implementing efficient financial operations resulting in business growth and savings in his various roles in the Philippines and overseas (Singapore, South Korea).