Former PLDT number 2 executive, Ernesto "Eric" Alberto, is the new president of Dito CME Holdings Corporation.
Alberto, who was once regarded as the successor to Manny Pangilinan as PLDT CEO, was an executive vice president and chief revenue officer of the telco giant before retiring in June 2019.
Alberto joined Dito CME in late July as an independent director, after his non-compete agreement expired. He'll assume as the listed firm's president starting August 17.
Dito CME told the Philippine Stock Exchange that businessman Uy would continue to be the listed firm's chairman and CEO.
"Considering that Mr. Uy continues to hold the position of chairman, the change shall foster an appropriate balance of power, increased accountability, and better capacity for independent decision-making," Dito CME said in a disclosure on Friday, August 14.
In July, it reapproved boosting its capital stock from P2.8 billion to P40 billion. – Rappler.com