Sabin Aboitiz appointed to ABAC


By James A. Loyola

Aboitiz Group President and Chief Executive Officer Sabin M. Aboitiz was recently appointed as a member of the APEC Business Advisory Council (ABAC), joining two other previous appointees to represent the Philippines.

Aboitiz Group President and Chief Executive Officer Sabin M. Aboitiz Aboitiz Group President and Chief Executive Officer Sabin M. Aboitiz

ABAC was created in 1995 by Asia-Pacific Economic Cooperation (APEC) Leaders to provide advice on the implementation of the Osaka Action Agenda.

It currently serves as the voice of the business sector, specifically providing information on business-related issues or providing the business perspective on specific areas of cooperation.

“It is an honor for me to be appointed as a member of the APEC Business Advisory Council (ABAC), and represent the Philippines. The Aboitiz Group, through its 100% acquisition of Gold Coin Management Holdings, has significantly expanded our regional footprint and strengthened our position as a key player in Asia-Pacific. The Aboitiz Group’s participation in ABAC is consistent with our brand promise to advance business and communities — uplifting livelihood, exchanging products and services across the Asia-Pacific region,” Aboitiz said.

He added that, “The Aboitiz Group’s participation in the ABAC is consistent with our brand promise to advance business and communities — uplifting livelihood, exchanging products and services across the Asia-Pacific region.”
Alsons Consolidated Chairman and President Tomas Alcantara was appointed ABAC PH chair while Globe Capital Partners Chairwoman Joanne de Asis was also appointed as a member.