Dispo, Banatao join Cirtek Group

MANILA, Philippines - Cirtek Holdings Philippines Corp. announced yesterday the appointment of former First Metro Investments Corp. president Juanchito Dispo as group vice chairman and president.

Aside from Dispo, Cirtek appointed renowned Silicon Valley pioneer Diosdado Banatao as adviser to the board of Cirtek Group.

A seasoned investment banker, Dispo has more than 17 years of considerable experience in capital raising, investments, strategic acquisition and asset management.

Dispo is credited for creating successful financial products such as retail treasury bonds, OFWs Bonds and the country’s first exchange trade fund. He has worked for both the government and the private sector.

Banatao, on the other hand, is known as an entrepreneur and philanthropist who has been credited with developing several key semiconductor technologies such as five-chip set, system logic chip set for IBM’s PC-XT and PC-AT and  graphic accelerator chip using his invention of local bus.

Cirtek chairman Jerry Liu welcomed the entry of the two executives, saying they would be instrumental to the group’s goal of further expanding operations within and outside the country.

Dispo’s proven track record as an investment banker, capital markets expertise, and extensive business network will further strengthen Cirtek’s already very capable management team as it pursues strategic asset acquisitions here and abroad, Liu said.

“As Cirtek moves from strength to strength and scales up its business activities, technology capabilities and geographic presence, Banatao’s expertise and industry foresight will be invaluable to the company’s future,” he added.

Cirtek Holdings is the holding company of Cirtek Electronics Corp. and Cirtek

Electronics International Corp., collectively known as the Cirtek Group.

Through its subsidiaries, Cirtek provides full service/turnkey solutions including wafer probing, wafer back grinding, assembly, and packaging and final testing of semiconductor devices, and  complete manufacturing solutions for value-added, highly integrated radio frequency, microwave and millimeterwave technology products.              

The group, through its subsidiaries, harnesses more than 50 years of combined operating track record. Its products cover a wide range of applications and industries, including communications, consumer electronics, power devices, computing, automotive, and industrial.