Cebu-based listed firm Vivant Corp., which has investments in power and infrastructure, has reshuffled its board and management of the company, installing Ramontito E. Garcia as its new chairman of the board and CEO.
Ramontito, previously the company’s president, replaced Dennis N.A. Garcia, who died of Covid-19 in March.
The company also appointed Edgar John A. Garcia, 69, as its new vice chairman while Arlo A.G. Sarmiento, formerly the company’s executive vice president, was promoted as the president of the company.
Emil Andre M. Garcia has been appointed senior vice president for power. He is also EVP and COO of power unit Vivant Energy, which serves as holding company for the firm’s interests in the energy sector.
“As I take the helm of Vivant, it is important to note that our mission, vision and values remain. We have always maintained a future-facing approach to how we do business with an emphasis on adaptability in order to face challenges and grab opportunities to improve the everyday lives of the Filipino people,” Garcia said.
“While this year has seen more unpredictability than any other year in Vivant’s history, I am confident in the abilities and resilience of our team and the strength of our relationships with our partners and communities to know that we will overcome these obstacles and emerge even stronger than before.”
Carmelo Maria Luza Bautista, president of GT Capital Holdings Inc., was appointed as chairman of the finance committee. Also appointed to other positions were Jess Anthony N. Garcia as SVP for infrastructure, corporate secretary, chief information officer; Minuel Carmela N. Franco as SVP for corporate and shared services, group CFO, treasurer, compliance officer, chief risk officer; Grant Clark as assistant vice president for administration and information technology, data privacy officer; and Shem Jose W. Garcia as AVP for corporate communications.
Vivant is one of the few Cebu-based companies that is listed on the Philippine Stock Exchange. It is a management and holding company with investments in the energy sector and a growing interest in infrastructure development.