Philippines: 8990 Holdings appoints new CEO, COO

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The board of directors of 8990 Holdings Inc has approved on Wednesday (December 27) the appointments of Willibaldo Uy, and Alexander Sotto as president and CEO, and chief operating officer (COO) of the company, respectively.

Both executives will take on their new roles on January 1, 2018.

Uy has been director of 8990 Holdings since January 29, 2016. He has also been its COO since February 1, 2016.

Prior to joining 8990 Holdings, Uy was president and CEO of Phinma Property Holdings Corp, a subsidiary of local holding company Phinma Corp (Phinma) with interests in education, energy, hotels, housing, steel products and strategic consulting.

Uy served as an independent director from August 24, 2012 until January 29, 2016. He completed the Executive Program from the National University of Singapore and the University of California, Los Angeles in 1992. He has a Master’s degree in Business Administration from the Ateneo Graduate School of Business, Ateneo de Manila University, (1986) and a Bachelor of Science in Marketing Management from De La Salle University (1979).

Meanwhile, Sotto has been with 8990 Holdings for the past 13 years. He would be leaving his post as the holding firm’s general manager for construction.

Sotto also holds the positions of governor of the Subdivision and Housing Developers Association (SHDA) for Visayas and Advisor for the Subdivision and Housing Developers Association (SHDA) in Central Visayas. He holds a Bachelor of Science degree in Civil Engineering from the University of San Carlos Technological Center, Talamban, Cebu City in 2002.

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Following vacancies can be applied for (only in Singapore).   

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.