DFNN Inc., a technology provider to the gaming industry, has announced that Ricardo F. Banaag is its new president and CEO.
Banaag, the company’s former COO, replaces Calvin Lim, who became the company’s executive operating director. Their appointments took effect on June 2.
“I am honored to have this opportunity to lead team DFNN to a sustained growth trajectory across its core and emerging lines of business,” Banaag said.
Banaag has the depth of corporate experience in developing the ICT Industry in the Philippines. Prior to joining DFNN, he was president and country manager for Intel Microelectronics Philippines Inc., a position he held for over 16 years. In that role, he was primarily responsible for all of Intel’s sales, marketing, and customer support operations in the Philippines.
Previous to joining Intel, the new CEO ran IBM’s personal computer company, and was managing the entire PC marketing and support operations for IBM Philippines.
DFNN also appointed Donald Limcaco as the company’s chief information officer. He will also be serving as COO of several DFNN operating subsidiaries.
“As the incoming CIO and COO of various subsidiaries, there is recognition that the traditional roles have transformed to bring synergies from technology coupled with operational excellence. I look forward to strengthening client relationships, establishing credibility with our shareholders, and driving impactful business outcomes,” Limcaco said.
Limcaco has over 30 years of experience in management consulting, mergers and acquisitions, digital transformation, program and portfolio management, and Agile/DevOps for Fortune 500 organizations across North America, Europe and Asia.
He is an accomplished practitioner in IT operations, change enablement, and strategic planning. His service persona is a problem solver, team builder and best at bridging the gap between technology, products, and services.
Meanwhile, Jacob Edel was also appointed as vice president for marketing.
He graduated from Copenhagen University with a degree in Journalism and a master’s degree in strategic management from Oslo University.