East West Banking Corp. has appointed Kristine Romano as an independent director, the bank announced in a disclosure. The move, reported by Philstar Biz, adds a former McKinsey & Company executive to its board as the lender continues to emphasize corporate governance and sustainable growth.
Romano brings extensive management consulting experience to EastWest Bank. Her appointment is part of a broader effort to strengthen board oversight and align with best practices in governance amid an evolving regulatory landscape.
The bank, one of the country's leading universal banks, has been focusing on digital transformation and expanding its retail and corporate lending businesses. Adding a director with McKinsey background may signal a strategic push toward operational efficiency and long-term value creation.