The nephew of the late ultra bilyonaryo John Gokongwei is odds-on favorite to be the investment adviser of President Bongbong Marcos.
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A Babbler said Marcos is currently forming a five-member investment advisory team, and Robinsons Land Corp. president and CEO Frederick Go is reportedly his top choice to lead this new group.
Malacañang has already confirmed the appointment of former International Container Terminal Services Inc. CFO Joel Consing as one of the members of the Office of the Presidential Adviser on Investment and Economic Affairs.
The 52-year old Go is a former editor-in-chief of The Guidon, the campus paper of Ateneo De Manila University where he took Management Engineering.
Go, who is widely seen as a risk-taker and alliance builder, started his career as a business journalist with the Manila Times when it was still owned by Gokongwei.
After three years, Go joined RLC when Gokongwei’s empire was still heavily focused on food (Universal Robina Corp.) and it had only five key assets (of which three have been sold off).
Under his watch, RLC built a portfolio of 53 shopping malls, 27 office buildings, over 100 vertical and horizontal residential developments, 21 hotels and resorts, five workable centers, six industrial facilities and 19 mixed-use developments.
Go also pulled off the largest real estate investment trust listing in the country, raising P23.5 billion from the maiden sale of RL Commercial REIT Inc. shares.
Aside from RLC, Go is also the chairman of Luzon International Premier Airport Development, which operates Clark International Airport; vice chairman of Robinsons Bank, which recently merged with Bank of the Philippine Islands of the Ayala group; director of Meralco; and vice chairman of the Philippine Retailers Association.
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