Bilyonaryo Ricky Razon has placed his trusted treasure from International Container Terminal Services Inc. (ICTSI) to Manila Water Company (MWC).
Gigi Iluminada T. Miguel was appointed CFO, treasurer, , chief risk officer, and group director for corporate finance and strategy of MWC on September 16, a day after resigning as VP and treasurer of ICTSI. Miguel’s appointment takes effect on October 1. She has been ICTSI treasurer since 2018.
Miguel will replace Ma. Cecilia T. Cruzabra who is currently a board member of Ayala group’s AC Infrastructure Holdings, Michigan Holdings, and Philwater Holdings.
Miguel’s appointment is part of the sweeping changes in MWC following Razon’s takeover from the Ayala group in June 2021.