The Istituto per le Opere di Religione (IOR) also known as the Vatican Bank has announced that Sheila Marie L. Uriarte-Tan, an accomplished lawyer with extensive experience in banking and asset management, has been appointed as a new member of the Institute’s Board of Supervision.
Tan, a graduate of Economics and law at the University of the Philippines in Diliman, Quiezon City brings over 30 years of expertise in providing legal advice for corporate and banking transactions. In addition, her skills in managing financial operations and leading significant trust groups in the Philippines will be valuable to the Board.
Furthermore, Tan has held key positions at the Bank of the Philippine Islands, including serving as President and CEO of BPI Asset Management & Trust Corporation, the largest independent trust company in the Philippines. She has also held executive roles at BPI Capital Corporation.
Her previous work includes Co-Managing Director of Ayala Group Legal, where she gained a wide range of professional experience within the Ayala Corporation and its subsidiaries.
Currently, Tan is a member of the Finance Board for the Archbishop of Manila and serves as a Trustee and Executive Committee Member for both the Pope Pius XII Catholic Center and the San Juan de Dios Educational Foundation in Manila.
In a press release, Jean-Baptiste de Franssu, President of the Board of Supervision, welcomes Tan and believes her experience will help the IOR improve its services for its clients and the Holy See.
“We welcome Sheila Marie L. Uriarte-Tan. Her impressive experience and leadership skills in international banking and finance will help the IOR enhance the Board renovation process initiated last autumn. Her joining us is a significant step towards strengthening the Institute’s strategic goals and improving the quality of services for our clients and the Holy See,” said de Franssu.
The Istituto per le Opere di Religione (IOR), also known as the Vatican Bank, is a financial institution that operates under the authority of the Vatican City. Established to manage the financial assets of the Holy See, it also provides banking services to Catholic institutions, such as churches and charities. The IOR helps support the Church’s mission and activities around the world by managing funds and investments. It is important for the financial operations of the Vatican and plays a role in supporting various charitable works.
(By Jheng Prado/RCAM-AOC | Photo from CEO Magazine)
Source: https://rcam.org/sheila-marie-l-uriarte-tan-appointed-new-member-of-the-vatican-banks-board-of-superintendence
