Sy-blings’ investment portfolio chief Jackson Ongsip named LOTO president, Willy Ocier stays on as chairman
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Sy-blings’ investment portfolio chief Jackson Ongsip named LOTO president, Willy Ocier stays on as chairman

Fresh from winning a new lotto contract, Pacific Online Systems (LOTO) is revamping its top brass in compliance with good corporate governance principles.

The LOTO board appointed SM Investments VP for portfolio investments Jackson T. Ongsip as its new president in place of bilyonaryo Willy Ocier who was staying on as chairman.

Willy Ocier’s BFF Jerry Tiu stepping out of LOTO boardroom; ex-COA chief Pulido-Tan to take his seat

Ongsip will also take over the board seat of Ma. Virginia V. Abo-Hamda who would remain as chief financial officer.

The changes took effect on October 7.

Ongsip, an accounting graduate of University of Santo Tomas, is currently the president and CEO of APC Group; EVP, CFO and treasurer of Belle Corporation; VP, CFO and treasurer of Premium Leisure.

Willy Ocier, Paul Soo hit jackpot! LOTO-PGMC bags P5.8B, 5-year lotto contract nationwide

LOTO and its partners, Philippine Gaming Management Corp. and International Lottery & Totalizator Systems, were awarded the P5.8 billion, five-year lease contract to supply and run the nationwide lotto games of Philippine Charity Sweepstakes Office.

 
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