Italpinas Development Corporation (IDC) announced the addition of Januario Jesus Gregorio III B. Atencio to its board of directors, last March 1, 2017. Mr. Atencio has been the President and CEO of 8990 Holdings Inc. and its eleven (11) other Real Estate Subsidiaries. He was also the founder of the Center for Housing Advocacy and Independent Synergies (CHAIRS), and has likewise been a Private Sector Representative of the Housing and Urban Development Coordinating Council (HUDCC) from 2011 up to 2016. Further to this, Atty. Christine P. Base has resigned as a member of the Board of Directors of the Company due to her commitments as a private legal practitioner, as well as engagements in other companies, public and non-public alike, including but not limited to acting as its corporate secretary, compliance officer, and general counsel. However that she shall still remain to be the company's Corporate Secretary.