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.