The owner of the biggest bus conglomerate in the Philippines said that efficient mass transportation is key to economic growth.
Businesswoman Olivia V. Yanson, co-founder of the Yanson Group of Bus Companies (YGBC), said they are committed to helping the government facilitate people’s mobility to travel for work or leisure to spur economic activities.
“Mobility directly translates into a bigger demand for public transport. The Yanson Group commits to providing safe, dependable and affordable transport solutions,” said the Yanson matriarch during the annual stockholders’ meeting of Goldstar Bus Transit Inc. on February 5, 2024, in Bacolod City.
GBTI executives Olivia V. Yanson, Leo Rey Yanson, Ginnette Y. Dumancas, Lawyer Collin Derk Y. Isidto, Hernan B. Omecillo and Danny O. Lorenton were re-elected as members of the board during the stockholders’ meeting.
An organizational meeting followed, and the board re-appointed Leo Rey Yanson as chairman and president, and Olivia as treasurer and corporate secretary of the bus company.
Meanwhile, Ceres Transport Inc. (CTI) also held a separate stockholders’ meeting on even date. Re-elected board members were Olivia V. Yanson, Leo Rey Yanson, Ginnette Y. Dumancas, Charles M. Dumancas, , Rey C. Ardo, Daniel Nicolas P. Golez, Arvin John Villaruel, Anita G. Chua, Joseph Ellery Villanueva, Hernan B. Omecillo and Alfredo O. Ligo.
The newly elected CTI directors re-appointed Leo Rey Yanson as chairman and president, while Olivia was re-appointed as treasurer and corporate secretary.
Goldstar Bus and Ceres Transport belong to the YGBC, the biggest bus conglomerate in the Philippines.