Ruth Calamba

Information

Ruth Mary Calamba is a seasoned risk management executive with over 20 years of international experience across leading financial institutions. She currently heads Operational and Resilience Risk Management at UnionBank of the Philippines, with responsibility for operational risk, operational resilience, and the bank’s enterprise reliability agenda. Before joining UnionBank, Ruth held senior roles at Deloitte, National Australia Bank, and HSBC. At HSBC, she served as Regional Head of Operational and Resilience Risk for Asia Pacific, overseeing risk management across 11 international markets. Her leadership was pivotal in executing complex rationalization initiatives, implementing new risk taxonomies, and representing operational risk in senior governance forums. At UnionBank, Ruth focuses on driving effective risk management practices by embedding High Reliability Organization principles and advancing operational resilience and reliability capabilities across the bank’s rapidly evolving digital landscape. She maintains a thoughtful balance between strategic business imperatives and practical risk execution, fostering adaptive frameworks that promote resilience and sound governance. Outside of work, Ruth enjoys a balanced life, raising her children and spending quality time with family.