Bilyonaryo Raul Joseph “Jojo” Concepcion has raided Aboitiz Equity Ventures’ ranks to find his group’s new auditing chief.
The Concepcion Industrial board appointed Arazeli Malapad as chief audit executive effective October 18.
Malapad has 30 years of extensive auditing experience specializing in internal controls, financial and operational audits.
The Immaculate Concepcion College spent the last 16 years in various executive roles with the Aboitiz group. Her latest post was vice president of risk and organizational performance management of Aboitiz Power.