A top management role has pulled in for scion Antonio Miguel B. Alcantara who has been designated Chief Executive Officer (CEO) at Alsons Power of the Alcantara group, following the retirement of Tirso G. Santillan, who is the departing company CEO and Executive Vice President.

As announced to the media, Alcantara will assume the CEO post starting April 1 this year; and that will be one major step higher from his current role as Deputy CEO.

During his stint at Alsons Power, Santillan had done major contributions in the business growth of the Alcantara group – primarily in the power sector.

It was within the run of his corporate leadership that Alsons Power had played a serious part in helping solve the power crisis in Mindanao – and that was done through the new power projects that the company had advanced into commercial fruition in recent years, including the Sarangani thermal power plant project.

Then from the inceptive game plan for coal-fired installations because of the immediate need for baseload capacity in Mindanao grid in recent years, it was also during Santillan’s time that the company had perceptively decided on shifting investments to renewables – the initial play of which will focus on hydropower developments in Visayas and Mindanao grids.

Santillan has been with the company since the late 1990s – and he has been deeply involved in helping the company navigate transformative changes in the industry – and that stretched from the regime of independent power producers (IPPs) roughly 30 years ago; then to the full deregulation of the industry in the past two decades.

As emphasized by Alsons Chairman Nicasio I. Alcantara, “the organization is fortunate to have Cito's (Santillan’s) wealth of wisdom, dedication, and tireless efforts in transforming Alsons Power into what it is today: a highly dependable, responsible, and trusted power supplier in Mindanao, with an expanding presence in other areas in the country.”

While extending his profound gratitude, Alcantara recounted that Santillan “has been instrumental in shaping Alsons Power’s trajectory over the last 30 years,” narrating that “he led us through periods of significant growth and also laid a solid foundation for our future endeavors.”

As the young Alcantara takes over the helm, there is high expectation that the company will continue on its investment growth trajectory; and for these to also reflect favorable outcomes in the firm’s top and bottom lines.

For his successor, Santillan enthused that “I see a bright future for Alsons Power with Anton at the helm. His dynamic leadership and depth of experience instill in me a strong belief that Alsons Power will reach new levels of success.”

Alcantara somehow counts at least 15 years of experience in the organization – and through the years that he was Deputy CEO in the company, he has been credited for his valuable work as the one overseeing the business development and portfolio expansion of the group’s power business.

“I look forward to leading Alsons Power’s next chapter as we drive forward, embracing innovation and transformation with a steadfast focus on making a positive societal impact,” he stressed.