Union Bank of the Philippines (UnionBank) has earned multiple international recognitions at the prestigious Global Private Banker Innovation Awards 2026, underscoring its commitment to helping clients build and preserve their financial legacy through tailored wealth management solutions and NextGen empowerment. Through UnionBank Private—its highest-tier wealth management segment serving ultra-high-net-worth individuals—the Bank was recognized for delivering holistic and forward-looking financial solutions, securing three major accolades:
Best Next-Generation Offering – Philippines
Best Private Bank for Client Experience – Philippines
Excellence in Intergenerational Services by a Private Bank
The annual Global Private Banker Innovation Awards honor the world’s leading private banks and wealth managers for upholding the highest standards of excellence in customer-centric service, pioneering innovation, and strategic leadership.
Judged by a panel of global industry specialists, the Global Private Banker Innovation Awards is regarded as a benchmark of excellence across the financial sector. The 2026 cycle is regarded as the most competitive to date, with increased participation from the world’s best banks, wealth managers, and family offices.
“We are honored to be recognized for our commitment to helping our clients preserve their wealth for succeeding generations. One of the challenges of managing and preserving multi-generational wealth is the difference in perspectives and priorities,” said UnionBank Head of Wealth Management, Gauraw Srivastava.
“UnionBank Private recognizes the vital role the next generation plays in securing their family’s future. We offer tailored solutions that focus on leadership, portfolio construction, business transformation, succession, and more, to support their legacy goals,” added Srivastava.
UnionBank Private’s NextGen Academy, a specially tailored program to cultivate the NextGen’s leaders, was heralded as Best Next-Generation Offering. The initiative helps young family members develop a strong financial foundation early in their careers, preparing them to sustain and grow their family’s legacy.
In presenting the Best Private Bank for Client Experience, the Global Private Banker Innovation Awards commended UnionBank Private’s ability to deliver bespoke solutions to its high-net-worth clients, enabling them to make complex financial decisions with clarity and confidence.
The Excellence in Intergenerational Services by a Private Bank award extolled UnionBank Private’s LeGen (Leading Generation) program for bridging intergenerational gaps between the leading generation and the NextGen through conversations of family succession, wealth transfer, and legacy planning. LeGen is part of the bank’s NextGen Academy and includes mentorship and peer sessions focused on wealth preservation and business resilience.
UnionBank Private’s global recognition comes amid evolving client demands in the financial segment. Clients are seeking more personalized experiences to help them navigate the nuances of wealth management and long-term value creation. As it moves forward, UnionBank will continue to pioneer holistic solutions that support clients through every stage of wealth creation, management, and succession.
For more information on UnionBank’s wealth management offerings, visit www.unionbankph.com or follow on Facebook, X (formerly Twitter), Instagram, or YouTube. Union Bank of the Philippines is regulated by the Bangko Sentral ng Pilipinas (https://www.bsp.gov.ph). For more info, please visit our website. For any concern, you may contact us through our Customer Service Hotline at (+632) 8841-8600.
