Business Headlines

Tan Caktiong taps Cesar Purisima as Jollibee director

Bilyonaryo Tony Tan Caktiong has tapped former Finance Secretary Cesar Purisima as lead independent director of Jollibee Foods Corp. during its stockholders’ meeting on July 27.

The former SGV & Co. Boss, who replaced 73-year old Monico Jacob on the board, will head Jollibee’s audit committee.

The 58-year old financial whiz is also a director of Ayala Land Inc., Universal Robina Corp. and AIA Group.

Purisima joins former Chief Justice Artemio Panganiban and Bank of the Philippine Islands Cezar Consing as independent members of Jollibee’s nine-member board.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.