Manila Water Company, Inc. Approves the Election of Board Committees
April 15, 2021 at 10:28 pm EDT
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Manila Water Company, Inc. at the AGM held on April 16, 2021, approved the election of Antonino T. Aquino as chairman of operations committee; Jose Rene Gregory D. Almendras and Sherisa P. Nuesa as member of operations committee. Audit Committee: Sherisa P. Nuesa as chairman of audit committee; Gerardo C. Ablaza, Cesar A. Buenaventura and Octavio Victor R. Espiritu as members audit committee. Board Risk Oversight Committee: Cesar A. Buenaventura as chairman of board risk oversight committee; Sherisa P. Nuesa, Eric Ramon O. Recto and Gerardo C. Ablaza, Jr. as members of board risk oversight committee. Corporate Governance Committee: Octavio Victor R. Espiritu as chairman of corporate governance committee; Cesar A. Buenaventura and Eric Ramon O. Recto as members of corporate governance committee. Related Party Transactions Committee: Eric Ramon O. Recto as chairman of related party transactions committee; Octavio Victor R. Espiritu and Cesar A. Buenaventura as members of related party transactions committee. Nomination Committee: Octavio Victor R. Espiritu as chairman of nomination committee; Sherisa P. Nuesa and Cesar A. Buenaventura as members of nomination committee. Talent and Remuneration Committee: Octavio Victor R. Espiritu as chairman of talent and remuneration committee; Eric Ramon O. Recto, Sherisa P. Nuesa and Fernando Zobel de Ayala as members of talent and remuneration committee.
Manila Water Company, Inc. provides water, integrated used water, sewerage and sanitation, distribution services, pipework, engineering, procurement and management services. Its segments include Manila Concession and Head Office, Domestic Subsidiaries and Foreign Subsidiaries. The Manila Concession and Head Office represents the operations of the Manila Concession (East Zone) of the Parent Company in accordance with its Concession Agreement. The Domestic Subsidiaries include Philippine businesses, such as MWIS, Calasiao Water, MWPVI (including Boracay Water, Calbayog Water, Clark Water, Filipinas Water, Bulakan Water, Ilagan Water, South Luzon Water, Obando Water, Laguna Water, North Luzon Water, Davao Water, Tagum Water, MW Consortium, Cebu Water, Aqua Centro, BMDC, EcoWater, Leyte Water, MWTV, and Zamboanga Water). The Foreign Subsidiaries consist of businesses outside the Philippines under Manila Water Asia Pacific Pte. Ltd. (KDWH, MWSAH, TDWH, MWTH, MWTC, MSEA, and PTMWI).