IPM Holdings, Inc. Announces Executive Appointments
June 28, 2018 at 03:57 am
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IPM Holdings, Inc. announced that the Corporate Secretary, Ana Maria A. Katigbak, was designated as the company's Corporate Information Officer. Mr. Roberto E. Cabarco was appointed as Deputy Corporate Information Officer and as Compliance Officer under the company's Corporate Governance Manual. The company's Board appointed the following directors as members of the Board: Alfredo P. Javellana II (Independent Director) as Chairman of Audit Committee. David L. Kho (Independent Director) and Francis Neil P. Mercado as Members of Audit Committee. Isabelita P. Mercado as Chairman of Nomination Committee. Alfredo P. Javellana II (Independent Director) and Gener T. Mendoza as Members of Nomination Committee. Rhodora G. Uy as Chairman of Compensation Committee, David L. Kho (Independent Director) and Francis Neil P. Mercado as Members of Compensation Committee. Alfredo P. Javellana II (Independent Director) as Chairman of Corporate Governance /Risk Oversight/Related Party Transaction Committee, David L. Kho (Independent Director) and Antonio Victoriano F. Gregorio III (Non-Executive Director) as Members of Corporate Governance /Risk Oversight/Related Party Transaction Committee of the company.
IPM Holdings, Inc. is a Philippines-based company. The Company is engaged in the business of investment to own, hold, use, sell, assign, transfer, mortgage, pledge, exchange or otherwise dispose of real and personal property of every kind and description, and to manage any business, joint venture, firm partnership, corporation, institution or entity or otherwise act as holding or management corporation thereof. The Companyâs subsidiary, Basic Environmental Systems and Technologies, Inc. (BEST), is engaged in a contracting and consulting business for waste management, cleansing, sanitation and general hygiene to provide comprehensive waste disposal services. The Company operates through two segments: investment holding and service.