International Container Terminal Services, Inc. announced the resignation of Sandy A. Alipio as Senior Vice President, Global Financial Controller and Chief Risk Officer, effective from July 1, 2023. Reason(s) for Resignation/Cessation: Permanent transfer to a senior finance role in a related ­ party company. The company also announced the change of the position of Caroline C. Causon from Vice President, Head of Financial Planning and Budgeting to SVP, Global Corporate Planning and Financial Services and Emilio Manuel V. Pascua from Chief Financial Officer to Chief Financial Officer and Chief Risk Officer, effective from July 1, 2023.

In addition, concurrent with his Chief Financial Officer role, Manuel V. Pascua was appointed by the Board of Directors June 27, 2023, as Chief Risk Officer to replace Mr. Alipio, effective on July 1, 2023.