Asiabest Group International, Inc. announced that at the organizational meeting of the board of directors, elected Antonio Victoriano F. Gregorio III as Chairman /President, Delfin S. Castro, Jr. as Treasurer /CFO and Venus L. Gregorio as Corporate Secretary /Corporate Information Officer. The company also announced Antonio Victoriano F. Gregorio III as Chairman of Executive Committee, Leonardo S. Gayao, Job Adrian M. Ambrosio and Manuel G. Ong as members of Executive Committee. The company announced Manuel G. Ong as Chairman of Governance Committee, Felixes G. Latonero and Antonio Victoriano F. Gregorio III as members of Governance Committee.

The company announced Leonardo S. Gayao as Chairman of Nominations Committee, Antonio Victoriano F. Gregorio III and Manuel G. Ong as members of Nominations Committee. The company announced Manuel G. Ong as Chairman of Audit Committee, Job Adrian M. Ambrosio and Leonardo S. Gayao as members of Audit Committee. The company announced Manuel G. Ong as Chairman of Compensations Committee, Chi Ho Co and Leonardo S. Gayao as members of Compensations Committee.