Business

4th generation: Joey Concepcion’s son, Christian, joins RFM board

The son of bilyonaryo Jose Ma. “Joey” Concepcion III has taken his seat on the board of the the family’s food business, RFM Corp.

Jose Ma. Christian O. Concepcion IV was elected director of RFM during its stockholders’ meeting in July. He replaced the Concepcion’s long-time executive, Jun Nacino.

Christian is the great grandchild of one of the founders of RFM, José N. Concepcion, Sr., which started as a flour miller in 1957. .

Christian is the second child and only son of Joey and wife, Marissa Orosa. Christian’s sisters are Margarita, Catherine, Monica and Isabella

In an interview with Tatler, Christian talked about the passion of his 62-year old father and lolo (former Trade Secretary JoeCon): “One day I want to be as good as they are in whatever I do.”

Joey took a seat on the RFM board in 1986 and was named president three years later. Joey was ranked 42nd among Forbes 50 richest Filipinos in 2020 with a net worth of $147 million.

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