BIZ BUZZ: Singson out, Perez in?

The MVP Group is not yet done shaking up its top management.

First, Anastacio “Boy” Martirez was brought back to the telco group as the new chief operating officer of Smart Communications Inc. Then, Menardo “Butch” Jimenez Jr. was named executive vice president and chief operating officer of PLDT.

Then now, Rogelio “Babes” Singson is about to step down as president and chief executive officer of Metro Pacific Tollways Corp (MPTC).

Biz Buzz sources say Singson has started saying his goodbyes and not a few were caught by surprise that the former public works secretary will bid adieu to the company he helped build to what it is today.

But apparently the time has come for the “old” to make way for the new.

He leaves MPTC as the biggest toll road developer in the Philippines with operations as well in Indonesia and Vietnam.

Here, its portfolio includes the North Luzon Expressway (NLEx), the Subic-Clark-Tarlac Expressway, the Manila-Cavite Toll Expressway, Cavite-Laguna Expressway, Cebu-Cordova Link Expressway and the NLEx Connector Road (NLEx Connector).

Singson certainly leaves MPTC much bigger and stronger than how he found it.

See Also

PH taps $500-M new ADB loan to mitigate climate change    

Who will replace him?

Word is that it will be Clark International Airport Corp. (CIAC) president Arrey Perez, who has resigned from his post, effective end-September.

Perez did not stay long as CIAC head but already made a difference, having pushed projects for Clark’s 1,600-hectare aviation complex and kickstarted the Clark National Food Hub project.

The transition from Singson to Perez is expected to be concluded at the end of the year, paving the way for a brand new beginning for MPTC in 2025.