UnionBank CTO recognized as one of the biggest names in Data in the world

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Industry leader Informatica has recently named Union Bank of the Philippines (UnionBank) Senior Executive Vice President, Chief Technology and Operations Officer, and Chief Transformation Officer Henry Aguda as one of the thirteen globally recognized recipients of the first-ever Informatica Chief Data Officers (CDO) Awards.

Informatica has chosen its 13 awardees and honorees in its Awards across four categories, based on Informatica’s archetypes for data-driven leadership. Namely, these categories are the “Governance Gurus”, “Digital Innovators”, “Operational Optimizers”, and “Analytics Champions”.

Aguda was recognized as an honoree under the “Digital Innovators” category. He was recognized "for achieving 12x higher revenue by empowering customers to use digital banking services on mobile devices".

As a result of its incredibly fast and effective digital transformation, UnionBank is seeing strong evidence of financial inclusion: its customers are spending 6 times as much and maintaining 4 times higher outstanding balances, translating to 12 times higher revenue for the bank.

“I am very honored to receive this recognition from Informatica. Rest assured that we in UnionBank will continue to be at the forefront of digital innovation in the financial industry, both in the Philippines and in the region as well. This award is again dedicated to all UnionBankers who all believe in the responsible and effective use of data to serve our customers.” said Aguda. Aguda has been instrumental in the digital transformation journey of UnionBank leading several projects that aim to achieve the Bank’s ultimate goal of enhancing financial inclusion in the country.

Informatica is a software development company based in California that has launched several initiatives this year for the CDOs, who they consider as innovative business leaders. One of these initiatives is the CDO Awards that Informatica promises to be a new annual tradition. This event aims to acknowledge data-driven leaders who spearhead the new wave of innovation, as well as value creation in this data-led culture.

Nowadays, CDOs are appointed in two of three Fortune 1000 organizations. CDOs acknowledge the relevance of data as a strategic asset, and they are expected to manage and grow data-driven organizations and implement digital transformations while keeping up with day-to-day business needs.