Ambassador Jesus P. Tambunting is the Chairman and Chief Executive Officer of Planters Development Bank (Plantersbank), the country’s leading bank for Small and Medium Enterprises (SMEs). Plantersbank has prestigious international organizations among its shareholders — the Asian Development Bank (ADB), the Dutch Government’s Netherlands Development Finance Company (FMO), and the World Bank’s International Finance Corporation (IFC). Together, these institutions own 40% of Plantersbank.
Ambassador Tambunting also chairs PlantersbankSME Solutions, Inc., the e-commerce venture Plantersbank has entered in partnership with the World Bank’s International Finance Corporation (IFC), and PDB-FMO Development Center, an undertaking with the bank’s Dutch partner Netherlands Development Finance Company (FMO). He is also Chairman of the Micro Enterprise Bank of the Philippines, a joint undertaking of Plantersbank, IFC, and FMO.
Outside his activities in Plantersbank, Ambassador Tambunting is active in the community, being Co-Chairman of the Philippine-British Business Council, and member of the Board of Trustees of the Philippine Business for Social Progress and of the Carlos P. Romulo Foundation. He is the Chairman of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP). He sits in the Board of Directors of Globe Telecom and of Philam Fund, Inc.; Philam Strategic Growth Fund, Inc.; Philam Bond Fund, Inc., and Philam Dollar Bond Fund, Inc.
Ambassador Tambunting served as the Philippines’ Ambassador Extraordinary and Plenipotentiary to the United Kingdom of Great Britain and Northern Ireland from 1993 to 1998. At the same time, he concurrently served as Ambassador to the Republic of Ireland. During these years, he also stood as Permanent Philippine Representative to the International Maritime Organization.
Ambassador Tambunting was conferred Management Man of the Year 2003 by the Management Association of the Philippines; “Knight of the Equestrian Order of the Holy Sepulchre of Jerusalem” by the Vatican in 2004; and the Lifetime Achievement Award for 2005 by the Asian Bankers Association.
The Ambassador earned his Bachelor of Science degree in Economics from the University of Maryland. Prior to that, he had obtained his secondary education from the Culver Military Academy in Indiana, and his elementary education from the Ateneo de Manila University.
- Planters Development Bank (PDB), Chairman & CEO