Ravelas is the senior adviser at Reyes Tacandong & Co. and managing director of e-Management for Business and Marketing Services.
During PH Resorts’ annual meeting on Thursday, he was named the replacement of business tycoon Eric O. Recto, who was elected as a regular director.
Recto took over from Raouf A. Kizilbash, whose term as a regular director had expired.
PH Resorts, the developer of the stalled $300 million Emerald Bay casino project in Cebu, also said stockholders approved a proposal to sell shares without providing details.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.
