Century Properties Group Inc. (CPG) said its board has elected Aileen Christel U. Ongkauko as an independent director of the company.
Ongkauko’s appointment to the board took effect on April 7. She will take over the position vacated by Jose Roberto R. Antonio, who resigned in February after his privately-owned Revolution Precrafted Philippines faced a number of issues including complaints from a number of contractors and suppliers about unmet contracts.
Jose Roberto or Robbie is the son of former United States Ambassador Jose E.B. Antonio, the chairman of CPG.
Ongkauko, 52, is concurrently the group president and CEO of La Filipina Uy Gongco Corp., a diversified agribusiness, livestock and food company established more than a century ago. She is also a director of South Balibago Resources Inc. and Ateneo Family Business Development Center.
Ongkauko was also former director of Aboitiz Equity Ventures International, Aboitiz Power International, Pilmico International and advisor to the board for Weather Philippines Inc. She graduated magna cum laude and was a Departmental Awardee from Ateneo de Manila University, where she earned her degree in Bachelor of Arts in Management Economics.
Her appointment increases CPG’s independent directors to four. The other three are Jose L. Cuisia Jr., Stephen T. CuUnjieng and Carlos C. Ejercito.
“Her business experience and insights into broader trends that impact our markets will bring fresh and more diverse perspectives to the Board leadership as we strive to improve our corporate governance, scale up the company’s business expansion, and enhance our innovation and sustainability initiatives,” CPG Executive Chairman Jose E.B. Antonio said.