Manila Water Company, Inc. Announces Executive, Board and Committee Changes
April 25, 2024 at 12:34 am EDT
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Manila Water Company, Inc. announced that at the organizational meeting that was held immediately after the annual stockholders' meeting, newly elected Board of Directors approved the following: Executive Committee: Enrique K. Razon, Jr. - Chairperson; Jose Victor Emmanuel A. De Dios - Member; Donato C. Almeda - Member; Sandy A. Alipio - Member; Karl Kendrick T. Chua - Member. Audit Committee: Sherisa P. Nuesa (Independent Director) - Chairperson; Cesar A. Buenaventura (Independent Director) - Member; Octavio Victor R. Espiritu (Independent Director) - Member; Sandy A. Alipio - Member. Board Risk Oversight Committee: Cesar A. Buenaventura (Independent Director) - Chairperson; Sherisa P. Nuesa (Independent Director) - Member; Eric Ramon O. Recto (Independent Director) - Member; Donato C. Almeda - Member.
Environment, Social, and Governance (ESG) Committee: Jose Victor Emmanuel A. De Dios - Chairperson; Sherisa P. Nuesa (Independent Director) - Member; Cesar A. Buenaventura (Independent Director) - Member; Octavio Victor R. Espiritu (Independent Director) - Member; Eric Ramon O. Recto (Independent Director) - Member. Corporate Governance Committee: Octavio Victor R. Espiritu (Independent Director) - Chairperson; Sherisa P. Nuesa (Independent Director) - Member; Cesar A. Buenaventura (Independent Director) - Member; Eric Ramon O. Recto (Independent Director) - Member. Related Party Transactions Committee: Eric Ramon O. Recto (Independent Director) - Chairperson; Octavio Victor R. Espiritu (Independent Director) - Member; Cesar A. Buenaventura (Independent Director) - Member; Sandy A. Alipio - Member.
Nomination Committee: Octavio Victor R. Espiritu (Independent Director) - Chairperson; Sherisa P. Nuesa (Independent Director) - Member; Cesar A. Buenaventura (Independent Director) - Member; Donato C. Almeda - Member. Talent and Remuneration Committee: Octavio Victor R. Espiritu (Independent Director) - Chairperson; Eric Ramon O. Recto (Independent Director) - Member; Jose Victor Emmanuel A. De Dios - Member; Karl Kendrick T. Chua - Member. The company announced Valerie R. Tagana - Group Director, Supply Chain Management; Michael M. Mayo - Group Director, Engineering; Evangeline M. Clemente - Group Director, Strategic Asset Management; Shoebe Hazel B. Caong - Group Director, East Zone Business Operations and Data Protection Officer.
Manila Water Company, Inc. provides water, integrated used water, sewerage and sanitation, distribution services, pipework, engineering, procurement and management services. Its segments include Manila Concession and Head Office, Domestic Subsidiaries and Foreign Subsidiaries. The Manila Concession and Head Office represents the operations of the Manila Concession (East Zone) of the Parent Company in accordance with its Concession Agreement. The Domestic Subsidiaries include Philippine businesses, such as MWIS, Calasiao Water, MWPVI (including Boracay Water, Calbayog Water, Clark Water, Filipinas Water, Ilagan Water, South Luzon Water, Laguna Water, North Luzon Water, Davao Water, Tagum Water, MW Consortium, Cebu Water, Aqua Centro, BMDC, EcoWater, Leyte Water, MWTV, and Zamboanga Water). The Foreign Subsidiaries consist of businesses outside the Philippines under Manila Water Asia Pacific Pte. Ltd. (KDWH, MWSAH, TDWH, MWTH, MWTC, MSEA, and PTMWI).