Del Monte Pacific's incumbent chief financial officer (CFO), Ignacio Carmelo O Sison, has now assumed his new role as the chief corporate officer (CCO).
Sison will primarily be in charge of corporate and strategic planning, enterprise risk management, investor relations and corporate sustainability following his promotion on Monday.
He will also be responsible for Del Monte's corporate governance for the Singapore Exchange, Philippine Stock Exchange and Philippine Securities and Exchange Commission.
Meanwhile, Sison will perform similar functions for the NutriAsia Group of Companies, which include Del Monte and NutriaAsia.
Del Monte says Sison's promotion follows "major business and financial developments" in the company over the next five years that will require greater attention in areas of his responsibilities.
These include the acquisition of the Del Monte consumer food business in the US and the acquisition of the Silver Swan business by affiliate company NutriAsia.
Del Monte has appointed Parag Sachdeva as the new CFO.
Shares in Del Monte ended flat lat 32 cents on Friday.
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Sison will primarily be in charge of corporate and strategic planning, enterprise risk management, investor relations and corporate sustainability following his promotion on Monday.
He will also be responsible for Del Monte's corporate governance for the Singapore Exchange, Philippine Stock Exchange and Philippine Securities and Exchange Commission.
Meanwhile, Sison will perform similar functions for the NutriAsia Group of Companies, which include Del Monte and NutriaAsia.
Del Monte says Sison's promotion follows "major business and financial developments" in the company over the next five years that will require greater attention in areas of his responsibilities.
These include the acquisition of the Del Monte consumer food business in the US and the acquisition of the Silver Swan business by affiliate company NutriAsia.
Del Monte has appointed Parag Sachdeva as the new CFO.
Shares in Del Monte ended flat lat 32 cents on Friday.
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