CEO's On the Move
Continental Insurance Appoints Muhammad Nazirul Islam as Chief Executive Officer
Continental Insurance Limited
:Dhaka Stock Exchange) Continental Insurance has appointed Muhammad Nazirul Islam as Chief Executive Officer. The effective date is January 24, 2016.
Upcoming Board Meetings
PhilWeb Corporation Announces Executive Appointments
PhilWeb Corporation announced that, the Board of Directors elected Ms. Anna Bettina Ongpin as its Vice Chairman. The Board also reorganized the Executive Committee, Nomination Committee and Stock Option Committee as follows: Executive Committee includes: Roberto V. Ongpin (Chairman), Anna Bettina Ongpin and Dennis O. Valdes. Nominations Committee: Gregorio Ma. Araneta III (Chairman/Ind. Director), Tomas I. Alcantara (Independent Director), and Anna Bettina Ongpin, Stock Option Committee: Roberto V. Ongpin (Chairman), Anna Bettina Ongpin and Dennis O. Valdes.
Beijing Capital Land Ltd. Announces Board Changes
The Board of Directors of Beijing Capital Land Ltd. announced that, due to other business commitment, Mr. Zhang Shengli ("Mr. Zhang") will resign as executive Director in the forthcoming EGM. The Board also announced that, Mr. Li Songping ("Mr. Li") has been nominated as a candidate for election at the EGM as the non-executive Directors subject to the approval by
the Shareholders. The proposed term of service will be for the period from the date of forthcoming EGM to the expiry of the fifth session of the Board being 4 December 2017. Mr. Li Songping is currently a senior accountant. Mr. Li joined Capital Group in March 2006, and has served as deputy general manager and director, and held the position of general manager of Capital Group since November 2015.
First Philippine Holdings Corporation Announces Board Changes
The Board of First Philippine Holdings Corporation (FPH) approved the appointment of Mr. Francis Giles B. Puno, President & COO, as a member of the Executive Committee of the company, replacing Mr. Elpidio L. Ibañez who remains a director of the corporation; and
the appointment Ms. Ma. Theresa M. Villanueva as FPH's Head of Internal Audit. She is concurrently Head of Internal Audit at First Gen Corporation, a position she has held since 2013. Prior to joining the group, she was Vice President, Finance at Deutsche Bank Manila Branch (2010-2013). The effective date of appointment is February 4, 2016.
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Average Compensation in the Insurance Industry
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