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Manila Bulletin devider Business devider The Stock Market devider Camacho is new chair of Nickel Asia

Camacho is new chair of Nickel Asia

Published Jun 7, 2024 07:23 am

Nickel Asia Corporation (NAC) reported that its board of directors has appointed former Energy, then Finance, Secretary Jose Isidro N. Camacho as its Chairman following his election as director.

In a disclosure to the Philippine Stock Exchange, the firm said James J.K. Hung was also elected as independent director during NAC’s annual stockholders’ meeting held today June 7, 2024.

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Nickel Asia Chairman Jose Isidro N. Camacho

Camacho succeeds Gerard H. Brimo who has retired after serving in the Company for more than 15 years.

The former cabinet secretary is a respected and recognized figure not only in the Philippine business circles but also abroad.

He is currently the Chairman of SunLife Canada (Philippines) and the University of Arts Singapore. He also holds senior advisory and independent directorships in other companies.

Camacho served briefly as Secretary of Energy in 2001 and thereafter, as Secretary of Finance until 2003 during the term of former President Gloria Macapagal-Arroyo. 

He also had a distinguished career in international banking spanning four decades. Camacho was formerly the Managing Director and Vice Chairman for Credit Suisse Asia Pacific from 2005-2022, Chief Country Officer for the Philippines at Deutsche Bank from 1999-2000, and had senior positions at Bankers Trust from 1979-1999 in several global financial centers.

Camacho graduated cum laude from De La Salle University with a bachelor’s degree in mathematics. He received his master’s in business administration with concentration in finance from Harvard University. 

In 2017, he was awarded an honorary degree of Doctor of Business Administration from Eastern Asia University, Thailand.

Hung, who now sits as an Independent Director of NAC, is also the Chairman of Asia Securities Global Group (Hong Kong) and Chairman of ASG Inspiration Lab (Singapore). 

A former Chairman of Asia Securities in Taiwan and Independent Director of Security Bank, Hung also served as a Director of Franklin Templeton Investment Fund in Luxembourg, Franklin Sealand Fund Management Co. Ltd. in Shanghai and other international funds. 

Hung also has an active interest in nickel, electric vehicles, and renewable energy.

He graduated from Babson College in Massachusetts with a master’s degree in business administration, major in Finance.
 

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