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Manila Bulletin devider Business devider The Stock Market devider Pardo, Monzon re-elected to lead PSE

Pardo, Monzon re-elected to lead PSE

Published Jul 6, 2024 06:43 pm

Jose T. Pardo and Ramon S. Monzon were re-elected as chairman and president, respectively, of the Philippine Stock Exchange, while Employers Confederation of the Philippines Chairman Edgardo G. Lacson returned to the bourse’s board of directors after a three-year hiatus.

PSE Board ASM2024.jpg
Photo (from left, by row): President and CEO Ramon S. Monzon, Chairman and Independent Director Jose T. Pardo, Independent Directors Chief Justice Teresita Leonardo-De Castro (ret.), Peter B. Favila, Andrew Jerome T. Gan, and Vicente L. Panlilio; Broker Directors Diosdado M. Arroyo, Eddie T. Gobing, Wilson L. Sy, Anthony M. Te, and Ma. Vivian Yuchengco; Director representing Issuers Atty. Marilyn Victorio-Aquino, Directors representing Investors Ferdinand K. Constantino and Jose Arnulfo A. Veloso, Director representing other Market Participants Edgardo G. Lacson, Treasurer Omelita J. Tiangco and Corporate Secretary Atty. Aissa V. Encarnacion.

Shareholders of The Philippine Stock Exchange, Inc. (PSE) re-elected 14 Board of Directors at the Annual Stockholders’ Meeting held on Saturday, July 6, while Lacson was elected to replace Tomas I. Alcantara.
Lacson was elected as Non-Broker Director, representing Other Market Participants. He served on the PSE Board from May 2011 to May 2019 and May 2019 to July 2021.

He is the past President of the Philippine Chamber of Commerce and Industry and a Director of various private and publicly listed companies.

The PSE Board comprises one President-Director, five Broker Directors, and nine Non-Broker Directors. Of the nine Non-Broker Directors, five are Independent Directors, and four are Directors representing the interests of Issuers, Investors, and Other Market Participants.

The other Non-Broker Directors re-elected were San Miguel Corporation Chief Finance Officer Ferdinand K. Constantino and Government Service Insurance System President Jose Arnulfo A. Veloso, who represented Investors, and PLDT Chief Legal Counsel Marilyn Victorio-Aquino, who represented Issuers.

The Independent Directors who will continue to serve on the PSE Board are Pardo, retired Chief Justice Teresita Leonardo-De Castro, Peter B. Favila, Andrew Jerome T. Gan, and Vicente L. Panlilio.

Broker Directors who will serve a fresh mandate are Diosdado M. Arroyo, Eddie T. Gobing, Wilson L. Sy, Anthony M. Te and Ma. Vivian Yuchengco.

“I am pleased to be working once again with esteemed colleagues on the Board. They have been instrumental in pursuing regulatory reforms and programs for the stock market and its stakeholders to bring PSE closer to its vision,” said Pardo.

The PSE Directors will serve for a term of one year, from July 2024 to June 2025.

Related Tags

Edgardo G. Lacson Jose T. Pardo Ramon S. Monzon Philippine Stock Exchange
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