Sesla Information

Shell Employees Savings and Loan Association, Inc. (SESLA) was founded in 1955 by a group of employees of The Shell Company of the Philippines, Limited. With only one manpower and a seed fund of P50 thousand, it started its operation in a small office space at the Shell House Building in Binondo, Manila. The early years of its operations demonstrated a critical period for the Association. The insufficiency in capitalization plus the operational problems took its toll on its frail organization. To work against the impending collapse, a new administration was set up towards the beginning of the 70's. True enough, SESLA was able to survive the shudders through hard work and determination. It was then when the association widened its membership to out-port-based (Luzon, Visayas and Mindanao) employees of Pilipinas Shell. During the latter part of the 1990's, certain flaws in the organizational set-up of the Association came to light that demanded major changes. Fundamental and significant changes have since been instituted in the Association that continues to this day. Furthermore, SESLA's continued steady growth and commendable efficiency and quality professional service can be traced to the foresight, cooperation and harmonious relationship among the Board of Directors, Officer and staff.