MANILA -- Fernando Zobel de Ayala has returned to the board of directors of the Bank of the Philippine Islands (BPI), the lender said Thursday.

In a statement, BPI said Zobel de Ayala was elected to replace Romeo Bernardo, who was appointed to the Bangko Sentral ng Pilipinas' Monetary Board.

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Zobel was also appointed as a member of the bank's Executive Committee and Personnel and Compensation Committee.

He was BPI's Vice-Chairman from April 2013 to September 2022.

Zobel de Ayala stepped down from posts he held in Ayala Corporation in August 2022 to go on a medical leave.

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He returned as Ayala Land Inc. board advisor in February 2023.

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