Aboitiz Equity Ventures, Inc. Announces Executive Changes
July 25, 2019 at 07:49 pm EDT
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Aboitiz Equity Ventures, Inc. announced that regular meeting held on July 25, 2019, the board of directors of the company approved the transfer of Ms. Annacel A. Natividad to the company's subsidiary, Pilmico Foods Corporation, and the cessation of her function as the Company's Chief Risk Officer, in each case effective January 1, 2020. The company also appointed Ms. Santanina Apolinaria B. Castro as the company's First Vice President Risk Management effective January 1, 2020 to assume the functions of Ms. Natividad and to perform the functions of the company's Chief Risk Officer. Ms. Castro, is currently the Vice President for Corporate Strategy and Business Development of Pilmico Foods Corporation. Prior to joining the Aboitiz Group, she was connected with ABS-CBN Corporation from 2007 to 2011 as Corporate Planning Manager as part of the team that established the corporate planning function and institutionalized strategic planning process for the ABS-CBN group of companies.
Aboitiz Equity Ventures, Inc. is a holding and management company. The Company and its subsidiaries are engaged in various business activities mainly in the Philippines, including power generation, retail electricity supply and power distribution, food manufacturing, banking and financial services, real estate development, and infrastructure. Its segments include power segment, which is engaged in power generation and sale of electricity; financial services segment, which is engaged in banking and money remittance operations; food manufacturing segment, which is engaged in the production of flour and feeds and swine breeding; real estate segment, which is engaged in real property development for sale and lease; infrastructure segment, which is engaged in the production of cement and other building materials and in the supply of treated bulk water; and the parent company and others include the operations of the Company and the service provider subsidiaries that cater to the Group.
ABOITIZ EQUITY VENTURES, INC. 
