PTFC Redevelopment Corporation announced resignation of Mr. Carlos G. Dominguez as president, director, chairman of the executive committee and the nomination and election committee of the company. The reason for the resignation is in anticipation of his appointment as the secretary of the department of finance. The company appointed Leo G. Dominguez as Director; Bienvenido A.Tan, III as president, chairman of the nomination and election committee; and Albert C. Eufemio as Treasurer. The company also announced the resignation of Bienvenido A. Tan, III as Treasurer. These changes are effective form June 30, 2016.