Starting April Fools Day, Unilab will have a new chairman, Joy Yao Campos. Carlos Ejercito remains the chief executive officer with an expanded portfolio that now includes overseeing the conglomerates international operations the major reason why he is mostly out of the country these days the personal training of Ms. Campos son, Clinton Hess, a Unilab vice-president as the next chairman.
Here are two scenarios. One has government, which is one of two majority stakeholders of the bank (the other one is Lucio Tan), replacing current chairman Francisco Dizon with Yayie Tan. The other scenario has the banks CEO pre-terminating his management contract and a European financial institution as a senior member of its Asian team and as concurrent head of its Philippine operation.
Since Citi currently has only six local commercial bank branches supervised by vice-president for branch operations Aileen Litonjua, the chances are high that almost everybody in the 36-branch savings bank will get to keep their jobs.
And if HSBCs local experience is used as a model, the compensation package of the savings bank to be renamed Citibank Savings will eventually be the same as the mother bank.
Informan is one of two local distributors of QAD solutions. (The other one is an Ayala subsidiary).
Basically, California-based QAD offers the same solutions as the big boys with brand recalls but, of course, at a more affordable price and with better training and after-sales service.
Mr. Yu, who not only help build the Oracle business in the country but also gave the company a more humane face through corporate responsibility projects, is focusing on three segments in the manufacturing industry, one of which is food and beverage.
Informans marketing strategy is to not to target the countrys top 500 companies but to target the next 500 and below. And, hey, if the top 500 would like to do business with Infoman, so much the better.