Aboitiz Equity Ventures, Inc. Announces Executive Changes, Effective January 1, 2020
December 26, 2019 at 06:51 pm EST
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Aboitiz Equity Ventures, Inc. announced that On January 1, 2020, the following change in the Company's officers will take effect: Retirement of Mr. Gabriel T. Mañalac Senior Vice President and Group Treasurer of Aboitiz Equity Ventures Inc. (AEV); and Appointment of Ms. Maria Veronica C. So as First Vice President and Group Treasurer. Ms. Maria Veronica C. So will be appointed as the Company's First Vice President Group Treasurer effective January 1, 2020. She joined the Company's Treasury Services Group as Vice President Treasury Services in 2017 and was promoted to First Vice President - Deputy Group Treasurer on April 1, 2019. She will also be appointed Group Treasurer of AboitizPower, a publicly listed company, effective January 1, 2020. Prior to joining the Aboitiz Group, Ms. So held various treasury and finance positions at Globe Telecom from 2001 to 2017.
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.