The Board of Directors of ORIX Rental Corporation (ORC), a wholly-owned subsidiary of ORIX METRO Leasing and Finance Corporation and a leader in full-service operating lease solutions, has elected Arnaldo Bacabac, Jr. as its new President. His election signals a new phase of growth and innovation as ORC strengthens its position in the corporate mobility sector.
Bacabac, a seasoned leader with deep industry expertise, takes the helm with a clear vision: to enhance operational efficiency, invest in people, and expand market reach. Under his leadership, ORC will focus on streamlining processes, leveraging on technology, and driving sustainable growth while maintaining its market leadership.
A graduate of BS Economics from the University of the Philippines – Diliman, Bacabac further honed his expertise with an MBA from the Ateneo Graduate School of Business. His career spans decades in the banking and financial industry, beginning as a Credit Analyst at Far East Bank and Trust Co. He later held key roles as Account Officer at Planters Development Bank and Credit Review Officer at United Coconut Planters Bank, where he developed a strong foundation in credit assessment, risk management, and financial analysis.
At ORIX METRO, Bacabac has taken on leadership roles across Marketing, Operations, and Branch Management, giving him a well-rounded perspective on business growth, operational efficiency, and financial strategy. His tenure includes spearheading business development, optimizing internal processes, and overseeing branch operations. Beyond his contributions to ORIX METRO, he has served as a Director of the Credit Management Association of the Philippines and was a Director of the Philippine Finance Association in 2019, actively shaping industry best practices.
Prior to his election as President of ORIX Rental Corp., Bacabac led the Credit Group as Executive Vice President since October 2022, where he reinforced credit strategy and financial governance to ensure ORIX METRO’s stability and long-term growth.
“ORC is the pioneer and undisputed leader in full-service operating lease today, but leadership is about staying ahead—not standing still. We must keep moving, improving, and growing to deliver even better solutions to our clients,” said Bacabac.
As part of its long-term strategy, ORC is embracing new technologies to enhance service delivery and operational efficiencies. It is also committed to sustainable mobility, aligning its growth plans with the evolving needs of the market.
ORIX METRO Leasing and Finance Corporation President Angelo Padua expressed his confidence in Bacabac’s leadership: “Arnaldo’s experience, strategic mindset, and commitment to excellence make him the right leader to drive ORC forward. With his leadership, ORC is well-positioned to enhance its services, expand its market, and continue delivering outstanding value to our customers.”
ORC remains focused on strengthening its market leadership and developing innovative mobility solutions that anticipate customer needs. The company will work closely with ORIX METRO’s Marketing Team to align business objectives and drive long-term success.
“I am grateful for this opportunity and very excited to take this journey with a highly competent, talented, and hardworking team. And with the guidance of a Strong Senior Management Team and Board of Directors, together we will drive ORC to new heights and a future filled with innovative and sustainable solutions,” Bacabac concluded.