After nine months in his post, Monde Nissin chief strategy officer David Nicol is going into retirement for the second time in a year.
Nicol has reached the compulsory retirement age of 62 on September 30 and he has transitioned to an advisory role focusing on investor relations, capital markets transactions, and Quorn, the firm’s meat alternatives business. His new designation is business and strategy advisor to bilyonaryo CEO Henry Soesanto.
“I joined the team in January 2021 mainly to share my experience as a listed company CFO. My big task was to coordinate the company’s IPO which has been a great success. Stock listed on June 1, the shares are trading above the IPO price, and through an exceptionally good, long-only cornerstone book, we also achieved the largest-ever IPO in the Philippines with over $1 billion raised,” said Nicol on his Linkedin page.
Nicol retired from Metro Pacific Investments Corp. in November last year where he spent 11 years as its executive director, EVP and CFO or practically the right-hand man of bilyonaryo Manny V. Pangilinan.
Nicol reported owning 4.3 million MONDE shares with a market value of P81 million.