Matt Kolling has taken on the chief investment officer position at Union Bank’s corporate venturing unit nearly a year after joining its parent company Aboitiz as head of venture investments.
Financial services firm Union Bank of the Philippines has appointed Matthew Kolling as chief investment officer (CIO) for its corporate venturing arm, UBX Philippines, Back End News reported yesterday.
UBX formed the unit in February 2019 and it made its first investment, in logistics software provider Shiptek Solutions, three months later. It can invest up to ₱500m ($9.6m) a year in financial technology developers.
His new role will involve Kolling overseeing UBX’s corporate venturing activities and raising capital for…