Development Bank of the Philippines
Jem De Vera is a seasoned banking executive with extensive experience in leadership roles, currently serving as Vice President, Officer-in-Charge of the ICT Sector, and Chief Information Officer at the Development Bank of the Philippines since August 2020. Previously, Jem held various vice president positions at the Bank of the Philippine Islands from November 1993 to March 2020, focusing on business development, technology strategy, and prepaid business. Early career included managerial roles at Citytrust Banking Corp and Insular Life Healthcare, alongside significant positions in Insular Life Assurance Co., Ltd. Jem holds a Master’s in Business Administration from the University of the Philippines and a Bachelor of Science in Business Management from Ateneo de Manila University.
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Development Bank of the Philippines
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In the Philippines, development financing institutions play a pivotal role in the quest for sustainable growth and development. And at the helm of the country’s march toward progress is the Development Bank of the Philippines. As the country’s pre-eminent development financial institution, DBP has taken upon itself the strategic task of influencing and accelerating sustainable economic growth, through the provision of resources, for the continued well-being of the Filipino people. The DBP, under its new charter, is classified as a development bank and may perform all other functions of a thrift bank. Its primary objective is to provide banking services principally to cater to the medium and long-term needs of agricultural and industrial enterprises with emphasis on small and medium-scale industries.