Alternergy names new independent directors

By Lenie Lectura @llectura

Alterner G y Holdings Corp. (Alternergy) an- nounced tu esday the appointment of former tr ade s e cretary Gregory l d o mingo and Maria t h eresa Marcial, President and C e O of BP i Wealth-A tr ust Corp., as independent directors. s e cretary Greg d omingo and Ms. te re Marcial are highly distinguished professionals who will help steer Alternergy to its new course as a publicly-listed company,” Alternergy chairman and former energy secretary Vince Pérez said.

“As independent directors, s e cretary d o mingo and Ms. Marcial will bring in years of experience and expertise in government, banking and investment management. s e cretary d o mingo and Ms. Marcial are also strong champions of renewable energy and sustainability. s e cretary d o mingo and

Ms. Marcial actively promoted investments in renewable energy projects in their respective posts.” d o mingo served as d e partment of tr ade and i n dustry ( d ti ) s e cretary from July 2010 to d ec ember 2015 and was the d ti i n dustry and i n vestments Group Undersecretary and Board of i nv estments Managing Head from May 2001 to April 2004. He is also currently an Adviser to the Board of s M i n vestments Corp. and is a d i rector of B d O P rivate Bank.

Marcial is a seasoned banker who served various senior leadership positions at the Bank of the Philippine i s lands (BP i ) s h e is currently the President and C e O o f BP i Wealth, a Board d i rector of BP i A i A l i fe Assurance Corporation, BP i e u rope Plc and BP i i n ternational Finance l t d Hong Kong, and was Chief Finance Officer and Chief s u stainability Officer of BP i z on, Visayas and e n vironment Juan Miguel Cuna; and Prime i nf ra President and C e O Guillaume l ucci and Chief r e gulatory Officer Vince d i zon. t he MOU integrates water security, watershed protection, and forest carbon and biodiversity management in the area covering 1,800 hectares. denr and WawaJVCo will “design, develop, and establish Afforestation, r eforestation, and r e vegetation programs” within the UMr BPl t he said programs intend to generate carbon units, based on internationally accepted voluntary carbon standards, which will enable investments in sustainable social and environmental projects for the communities where WawaJVCo and Prime i n fra operate. t he MOU also affirms the commitment of WawaJVCo to exert best practices in stakeholder consultations with and involvement of the local community and indigenous peoples ( i Ps).

“ t h is 1,800 hectares reforestation will ensure the sustainability of our water supply, while providing a natural carbon sink program and ultimately, protect our environment and support local communities,” said l ucci. Jonathan L. Mayuga