The Bank of the Philippine Islands (BPI) has inaugurated BPI Wealth Singapore, a wholly owned subsidiary, in the bustling financial district of Marina Bay. This strategic move marks BPI’s ongoing expansion in Asia, aiming to offer Filipino and regional clients access to one of the world’s most dynamic financial centres.
The launch event was attended by notable figures from both the Philippines and Singapore, including Medardo Macaraig, the Philippine Ambassador to Singapore, and Phua Wee Ling, Executive Director at the Monetary Authority of Singapore. Key BPI executives such as Jaime Augusto Zobel de Ayala, Chairman of BPI, and Jose Teodoro “TG” Limcaoco, President and CEO of BPI, were also present.
Limcaoco emphasised the significance of the new office, stating, “This new office is a bridge—connecting the Philippines and Singapore, our clients to global markets, and our heritage to the future.” Zobel de Ayala added, “To serve our clients well, and to serve them for generations, we must be present in this ecosystem.”
The office design reflects BPI’s philosophy of legacy and heritage, incorporating Filipino craftsmanship with modern elements. It features a timber balustrade reminiscent of Philippine heritage homes and custom lighting that creates a contemporary yet grounded atmosphere. The centrepiece, 1851 Wealth, offers an exclusive space for personal client interactions.
Art from BPI’s collection, including works by Fernando Zóbel, Arturo Luz, and Pacita Abad, adorns the office, connecting Filipino culture with Singapore’s global art scene. Maria Theresa D. Marcial, Deputy Chairman of BPI Wealth Singapore, highlighted the cultural significance, saying, “True wealth carries history and meaning.”
As BPI nears its 175th anniversary in 2026, the opening of BPI Wealth Singapore underscores its commitment to bridging the Philippines with the world, fostering growth and enduring partnerships.
