Union Bank of the Philippines (UnionBank) has strengthened its position as a leader in premium wealth management after its private banking arm, UnionBank Private, captured three major honors at the Global Private Banker Innovation Awards 2026, earning global recognition for its innovative approach to client service, succession planning, and next-generation wealth stewardship.
The prestigious awards highlight UnionBank Private’s commitment to helping ultra-high-net-worth individuals and families not only grow their wealth but also preserve and successfully transfer it across generations through personalized, future-focused financial solutions.
UnionBank Private received the following distinctions:
- Best Next-Generation Offering – Philippines
- Best Private Bank for Client Experience – Philippines
- Excellence in Intergenerational Services by a Private Bank
Recognized globally as one of the financial industry’s most respected award programs, the Global Private Banker Innovation Awards celebrate institutions that excel in innovation, customer-centricity, and strategic leadership. The 2026 edition was regarded as the most competitive yet, drawing entries from leading private banks, wealth managers, and family offices worldwide.
“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 Gauraw Srivastava, Head of Wealth Management at UnionBank.
“UnionBank Private recognizes the vital role the next generation plays in securing their family’s future. We offer tailored solutions focused on leadership, portfolio construction, business transformation, succession, and more to help families achieve their long-term legacy goals,” he added.
One of the Bank’s flagship initiatives, the NextGen Academy, was named Best Next-Generation Offering for equipping future family leaders with financial knowledge, leadership capabilities, and strategic decision-making skills early in their careers. The program is designed to prepare the next generation to responsibly manage, preserve, and grow family wealth.
Meanwhile, UnionBank Private was recognized as the Best Private Bank for Client Experience for delivering highly personalized advisory services that empower clients to navigate increasingly complex financial decisions with confidence and clarity.
The Bank also received the Excellence in Intergenerational Services by a Private Bank award for its LeGen (Leading Generation) program, an initiative under the NextGen Academy that facilitates meaningful conversations between current wealth creators and future heirs. Through mentorship, peer learning, and guided discussions on succession planning, wealth transfer, and business continuity, LeGen helps families build stronger foundations for lasting legacies.
The international recognition comes as demand continues to grow for sophisticated, personalized wealth management solutions that go beyond investment advice to include legacy planning, governance, and intergenerational continuity.
As client expectations evolve, UnionBank Private remains committed to pioneering holistic wealth management strategies that support every stage of wealth creation, preservation, and succession—helping Filipino families secure not just financial success, but enduring legacies for generations to come.