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Former BPI president and CEO Xavier Loinaz passes away

The Freeman

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October 07, 2025

Veteran banker and former Bank of the Philippine Islands (BPI) President and Chief Executive Officer (CEO) Xavier P. Loinaz died on October 4, the listed bank said late on Sunday.

“The Bank of the Philippine Islands mourns the passing of Mr. Xavier P. Loinaz, a visionary leader whose legacy continues to shape both our institution and the Philippine banking industry,” the bank said in a statement.

“The entire BPI family joins the Loinaz family in grief and remembrance. We honor XP’s remarkable life, his enduring contributions, and the countless ways he helped shape our bank, our industry, and our nation.”

Mr. Loinaz was president and CEO of BPI from 1982 to 2004. After his term, he continued to serve as a member of the bank’s board of directors until 2020.

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