Board of Directors

Chairman of Meeting: Philip Lynch
President & CEO: Alan Roy V. Torio
Director: Michael A. Bautista
Director: Atty. Ray Anthony Fajarito
Director: Chito Francisco Dizon
Director: Sarah Chang
IND Director: Jose Maria J. Marigomen
IND Director: Vicente P. Ortuoste


Chairman: Alan Roy V. Torio - President/CEO
Members: Michael A. Bautista - Chief Administrative Officer
  Raquel A. Sese - Chief Operating Officer
  Robert B. Jordan Jr. - Director
Chairman: Vicente P. Ortuoste – Ind. Director
Members: Atty. Ray Anthony Fajarito - Director
  Jose Maria J. Marigomen – Ind. Director

About Stem Financial


Stem Financial is a Hong Kong based private investment firm focused on helping growing financial service companies to achieve success. Stem invested in TRB in 2015.

Featuring a team with long histories of banking experience, spanning Asia, Europe, and the US, Stem Financial is a firm believer in the Philippine success story. Stem’s greatest assets are its people and reputation. Stem believes in fostering a culture of teamwork, communication and integrity, consistently applying these core principles to relationships with portfolio companies and investors.

Stem focuses exclusively on financial services in Asia and understands there is a severe lack of credit in our part of the world. There are no credit bureaus or ratings in many countries and traditional banks are unable or unwilling to lend to small businesses and consumers. As a result, for instance, formal household debt in the Philippines is only 6% of GDP. Each day over 1 million Filipinos visit pawnshops. This leaves a growing segment of entrepreneurs often unable to grow their businesses and individuals unable to finance their ambitions. Stem invests in, grows and builds businesses which provide financial services to those neglected by traditional banks.

As a medium to long -term investor, Stem Financial, plays an active role in partnership with the TRB management team in improving the operations of the Bank and in increasing shareholder value.