The Philippine Stock Exchange (PSE) has appointed three new members to its board of directors during its recent annual stockholders’ meeting, while keeping top officials in their posts.
The new appointments include two independent directors: Jikyeong Kang and Niek Johan van Veen, as well as one regular director, Lorenzo Andres T. Roxas. Kang currently serves as president and dean of the Asian Institute of Management, with extensive background in international business education and corporate governance. Van Veen brings more than two decades of experience in technology, data, and artificial intelligence across Southeast Asia and Europe. Roxas is a managing director with broad expertise in finance, banking, energy, and asset management.
Jose T. Pardo remains PSE chairman and stays on the board, having previously served as an independent director, while Ramon S. Monzon retains his position as president and CEO. Shareholders also re-elected several existing directors, including three independent directors and representatives for investors, issuers, and other market groups.
Pardo stated that the newly formed board gathers diverse industry leaders with deep knowledge in capital markets, corporate governance, and technology, and their combined expertise will support the acceleration of strategic plans and reforms to ultimately increase shareholder value. The PSE board now consists of 15 members, meeting regulatory requirements for independent directors and representation from different market sectors.
