Roxas Holdings, Inc. informed that the Board of Directors, in its regular meeting, discussed and subsequently, Appointed the following officers of RHI to the positions indicated herein:a. Celso T. Dimarucut - President effective immediately. b. George T. Cheung - Executive Vice-President, Chief Commercial Officer and Chief Risk Officer (effective January 15, 2021). Ma. Hazel L. Rabara-Retardo - Treasurer effective immediately. Pilipino T. Cayetano - Chief Compliance Officer
Frederick E. Reyes - Chief Governance Officer. Veronica C. Cortez - Deputy Risk Officer/Data Privacy Officer. Atty. Aimee E. Pedayo - Assistant Corporate Secretary/Deputy Compliance Officer.
Roxas Holdings, Inc. is a Philippines-based sugar and energy company. The Company is engaged in the integrated sugar business and ethanol production in the Philippines. The Company operates through two segments: Sugar and Alcohol. Its Sugar segment consists of two operating subsidiaries: Central Azucarera Don Pedro, Inc. (CADPI) and RHI Agri-Business Development Corporation (RABDC), which manufactures and sells raw and refined sugar, molasses and provides tolling and farm operations services. CADPI also manages and operates agricultural land and the planting and cultivation of sugar cane and other farm products. The Alcohol segment consists of one operating subsidiary, San Carlos Bioenergy, Inc. (SCBI), which manufactures and sells bioethanol fuel. SCBI operates an integrated sugar mill and bioethanol distillery complex.