MacroAsia Corporation Announces Executive, Board and Committee Changes
October 10, 2021 at 07:35 pm EDT
MacroAsia Corporation announced that during the Special Board Meeting held on October 8, 2021, the Board of Directors accepted the retirement of Mr. Joseph T. Chua, President and COO of the Corporation. Mr. Eduardo Luis T. Luy who is the Director and Treasurer since December 12, 2019 was appointed as President and COO of the Corporation, replacing Mr. Joseph T. Chua. Mr. Kyle Ellis C. Tan was elected as Director, replacing Mr. Luy as Treasurer of the Corporation. The appointments of Mr. Luy and Mr. Tan are effective on October 8, 2021. The company also be advised on the Board-approved changes in the committees below, effective on October 8, 2021. Risk Management Committee: Eduardo Luis T. Luy member, vice Joseph T. Chua (JTC); Investment Committee: Eduardo Luis T. Luy member, vice JTC; and Mining Committee: Kyle Ellis C. Tan member, vice JTC.