Basic Energy names ex-BIR chief Kim Jacinto-Henares as chair, veteran banker Alberto Ramos as director

Kim S. Jacinto-Henares

Basic Energy Corp., a listed power firm with investments in renewable energy and oil exploration, named former Bureau of Internal Revenue Commissioner Kim S. Jacinto-Henares as chair of the board while banking veteran Alberto Emilio V. Ramos was elected director.

The changes were made as the company announced longtime director Ramon L. Mapa will step down effective Jan. 1, 2025, due to health reasons.

Ramos served as president of Malayan Savings Bank from 2020 until March this year.

Alberto Emilio V. Ramos

He previously held key roles, including executive vice president at China Banking Corp., president of China Bank Savings, president of AIG-PHILAM Asset Management, and vice president at Bank of the Philippine Islands, where he led private banking and treasury.

Henares has been an independent director at Basic Energy since 2021. She is also a director at Reg Tek, Inc., a senior advisor to various projects, and a board member of the Tribute Foundation for International Tax Dispute Resolution.