Pangilinan Elected Vice Chairman of Roxas Holding’s Board of Directors

Makati—(PHStocks)—The Board of Directors of Roxas Holdings Inc. (RHI, PSE: ROX) has elected businessman Manuel V. Pangilinan as Vice Chairman.

Pangilinan is the founder and CEO of First Pacific Company Limited (142.HK), which recently invested up to 34% in RHI. He is also Chairman of Metro Pacific Investments Corp. (PSE: MPI), Philippine Long Distance Telephone Co. (PSE: TEL), Manila Electric Company (MERALCO, PSE: MER) and many other leading companies here and overseas.

Together with Pangilinan, Atty. Ray C. Espinosa and Atty. Alex Erlito S. Fider were elected to replace and serve the unexpired terms of three directors who resigned, namely: Beatriz O. Roxas, Raul M. Leopando and Senen C. Bacani.

Atty. Espinosa is the Associate Director of First Pacific, Vice Chairman of the Board of Trustees of the PLDT Beneficial Trust Fund, the General Counsel of Manila Electric and sits as director in several companies.

Atty. Fider is a director and corporate secretary of several Philippine corporations, including Metro Pacific Tollways Corp., Smart Communications Inc. and Maynilad Water Services Inc. He is a senior partner of Picazo Buyco Tan Fider Santos Law Office.

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