As published on PhilippineStar MANILA, Philippines — MRC Allied has appointed investment banker Augusto Cosio Jr. as president and CEO of the company, replacing Gladys Nalda who will be in charge of its renewable arm. MRC named Nalda as president and CEO of Menlo Renewable Energy Corp. (MREN). Cosio’s appointment shall take effect on Oct. 16, the company said in a disclosure to the Philippine Stock Exchange yesterday. MRC said the appointment of Cosio is part of the company’s

As published on TheManilaTimes MRC Allied Inc. has appointed former First Metro Asset Management Inc. (FAMI) President Augusto Cosio Jr. to succeed Gladys Nalda as its president and chief executive officer (CEO). The appointment came after Nalda resigned not only from those posts, but also as board member during a board meeting, the listed property development company told the local bourse on Thursday. His appointment and her resignation take effect on October 16. Nalda will

As published on BusinessMirror MRC Allied Inc. (MRC) said it will undergo a reorganization by consolidating all of its assets. It told the stock exchange on Thursday that the appointment of Augusto Cosio Jr. as the new president of MRC “is part of the company’s ongoing reorganization and plan to consolidate all assets and portfolio under MRC. All projects will henceforth be implemented by the operating subsidiaries.” Cosio replaced Gladys Nalda, who will be tasked to the rene

As published on BusinessWorldOnline MRC ALLIED, Inc. is consolidating all its assets and portfolio under the listed company, while its operating subsidiaries will be implementing the projects, the company said on Thursday. As part of the reorganization, it announced the appointment of Augusto M. Cosio, Jr. as president and chief executive officer, replacing Gladys N. Nalda. The appointment was unanimously approved by the board on Thursday. Ms. Nalda also resigned from MRC All