The board of Megaworld Corporation, the property development arm of Andrew L. Tan, has appointed Lourdes T. Gutierrez-Alfonso as its president, effective immediately.
Alfonso will replace Tan, erstwhile president and CEO, who will remain as chairman of the board of directors.
Alfonso, 61, served as chief operating officer prior to her appointment. She is also a director of the company and a member of its board and management executive committees.
She has been with the company since 1990 serving as director in numerous affiliate companies, including publicly-listed Global-Estate Resorts Inc. and Mreit Inc.
She has extensive experience in real estate and a strong background in finance and marketing.
Alfonso graduated cum laude from the Far Eastern University with the degree of Bachelor of Science major in accounting in 1984.
She is a certified public accountant by profession.
