SSI nominates ex-BPI Capital chief to board

SSI GROUP, Inc. has nominated Roland Gerard “Junie” R. Veloso, Jr. for election to its board of directors at the company’s upcoming annual stockholders’ meeting, replacing long-serving independent director Carlo L. Katigbak, who is stepping down after reaching the maximum cumulative term allowed under Securities and Exchange Commission (SEC) rules.

In a statement on Tuesday, SSI said Mr. Katigbak will remain with the company as special adviser to the board.

“As we thank Carlo for his outstanding service and enduring contributions over the past 12 years, we are equally grateful that he has agreed to continue advising the Board,” SSI President and Chief Executive Officer Anthony T. Huang said.

Mr. Veloso retired in 2025 after more than 30 years in the banking and financial services industry.

Before retiring, he served as president and chief executive officer of BPI Capital Corp., the investment banking arm of the Bank of the Philippine Islands (BPI), and as chairman of BPI Securities Corp.

During his 12 years with the BPI Group, Mr. Veloso held senior leadership roles covering strategy, corporate banking, business banking, and corporate credit.

Before joining BPI, he headed HSBC Philippines’ wholesale banking business, overseeing its institutional, corporate, commercial, and transaction banking operations.

Mr. Huang said Mr. Veloso’s background in corporate finance, banking, and capital markets would strengthen the company’s board as SSI pursues its long-term growth strategy.

“His deep expertise and proven track record will further strengthen our Board as SSI continues to execute its long-term growth strategy and create sustainable value for our shareholders,” he said.

SSI operates brands across five categories: luxury and bridge, casual, fast fashion, footwear and accessories, and other businesses, including home furnishings, interior design products, food, and personal care. — Alexandria Grace C. Magno