Ramon S. Monzon remains as president and CEO while Jose T. Pardo was also re-elected as chairman.
“The fresh mandate given to the PSE Board will ensure continuity in the reforms and initiatives we have started pursuing to attract more listings and introduce new products and services that will enhance liquidity in the capital market,” Pardo said.
The 15-member board includes one president-director, a maximum of five broker directors, at least five independent directors, and at least four representing issuers, investors, and other stakeholders.
Independent directors re-elected are Chief Justice Teresita Leonardo-De Castro (ret.), Peter B. Favila, Andrew Jerome T. Gan, Vicente L. Panlilio, and Pardo. Broker-directors Diosdado M. Arroyo, Eddie T. Gobing, Anthony M. Te, Wilson L. Sy, and Ma. Vivian Yuchengco were also retained.
For sectoral representation, Atty. Marilyn Victorio-Aquino (issuers), Ferdinand K. Constantino and Jose Arnulfo A. Veloso (investors), and Edgardo G. Lacson (other market participants) were re-elected.
“The board will remain steadfast in providing guidance and oversight in establishing clear policies and direction for the Exchange, including the integration of the PSE and the Philippine Dealing System Holdings Corp., which offers significant opportunities for the development of the local capital market,” Pardo added.
—Edited by Miguel R. Camus
