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BPI’s XP Loinaz passes at 81
Manila Bulletin
|October 7, 2025
The Bank of the Philippine Islands (BPI) announced the passing of its former president and chief executive officer, Xavier P. Loinaz, a figure who steered the institution through two decades of major economic turbulence and technological change. He was 81.
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Known as XP within the bank, Loinaz held one of the longest tenures in Philippine banking, serving as President and CEO from 1982 to 2004. His leadership spanned critical periods, including the debt crisis of the early 1980s and the Asian Financial Crisis of the late 1990s.
BPI stated that his steady and disciplined hand brought innovation, resilience, and growth to the bank despite these external challenges.
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