Acevedo, Padojinog join Cebu Landmasters' expanded board of directors
VisMin property developer Cebu Landmasters Inc. has beefed up its board of directors by adding two more independent members: former Rizal Commercial Banking Corp. (RCBC) president Eugene Acevedo and outgoing president of University of Asia and the Pacific (UA&P) Dr. Winston Conrad B. Padojinog.
During the firm’s annual stockholders' meeting, CLI announced that it has expanded its board of directors from nine to 11 members, with the appointment of the two seasoned independent directors as part of its strategic move to future-proof the company and enhance governance amid plans for greater scale and complexity.
“This isn’t just about board expansion—it’s about adding leadership that challenges us, inspires fresh thinking, and guides CLI into its next decade of innovation and growth,” said CLI Chairman and Chief Executive Officer (CEO) Jose R. Soberano III.
Recently retired from RCBC, Acevedo is a seasoned banking executive with over 35 years of leadership experience across top local and global institutions in the Philippines, Singapore, and Hong Kong.
With deep Cebuano roots, he is known for driving innovation and transformation, and was recognized as one of the People of the Year 2024 by People Asia Magazine, the only banker included in the distinguished list.
A magna cum laude Physics graduate and Harvard-trained leader, he also serves on the boards of the Asian Institute of Management (AIM) and the University of San Carlos (USC).
Meanwhile, Padojinog is the outgoing president of the UA&P and the think tank Center for Research and Communication (CRC), and is a widely respected academic and policy advisor with more than 20 years of experience in education leadership, economic research, and governance.
His academic background spans University of the Philippines (UP) Visayas, UA&P, and De La Salle University (DLSU), reflecting a strong foundation in policy, education, and sustainable enterprise.
With these appointments, CLI said five out of its 11 board members are now independent, “reaffirming the company’s dedication to governance, accountability, and diverse board representation.”