SUBIC BAY FREEPORT — President Ferdinand R. Marcos Jr. has appointed eight new members to the Subic Bay Metropolitan Authority (SBMA) board of administrators forward of a reported subsequent month reorganization of the policymaking physique that administers this freeport and particular financial zone.
Letters of appointment obtained by BusinessMirror, addressed to the SBMA Board and dated December 23, confirmed 5 appointments representing the non-public sector, one representing the nationwide authorities and two appointments representing the enterprise and funding sector.
Honorio Cabaguio Allado III, Jose Mari Balandra Ponce, Kenneth Lemuel Go Rementilla, Amable Bancod Tolentino and Maria Cecilia Bobadilla-Bitare had been appointed as alternate members of the non-public sector.
Allado was named to exchange Brian Patrick H. Gordon whereas Ponce changed Rogelio G. Roque. Rementilla changed Edwin Y. Enrile and Tolentino changed Julita S. Manahan.
Bitare, who was a member of the earlier board, was reappointed.
Rementilla was a former SBMA Assistant Administrator for Enterprise and Funding Group corporations however left the service in 2021.
In the meantime, Malacañang appointed Allan Troy Dandan Baquir as nationwide authorities consultant to the SBMA, changing Marvin Ted R. Macapagal.
For the enterprise and funding sector, Edelberto Salgo changed Mozo Benasing O. Macarambon Jr., whereas Tomas Fausto Lahom Jr. was reappointed to the identical place.
The brand new appointments had been for a complete of 13 SBMA board members, together with incumbents Rolen C. Paulino, who serves because the company’s chairman and administrator, Rolando E. Ampunin, Teodoro D. Del Rosario, Herminia B. Roman, and Paulino’s spouse, Cynthia.
An individual conversant in the appointment course of at SBMA mentioned the incumbents appointed by the earlier authorities would proceed to function administrators till changed.
Pursuant to Part 13-c of Republic Act 7227 or the Bases Conversion and Growth Act of 1992, the Board of Administrators of the SBMA consists of 15 members.
This contains representatives of assorted sectors such because the native authorities models agreeing to hitch the Subic Particular Financial Zone; two representatives of the nationwide authorities; 5 non-public sector representatives from the (former) naval stations, public work centre, ship restore store, naval provide depot and naval aviation stations in Subic; and representatives from the enterprise and funding sectors.
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