At its May 17 meeting, the board of Philippines-based developer IRC Properties Inc. appointed Antonio Tiu as the company's new CEO and president, to replace outgoing CEO Esteban Sy and President Georgina Monsod.
Monsod will step down from her position to become executive vice president and COO of IRC Properties, according to a release.
The company also named replacements for four outgoing directors at the meeting.
Tiu, Yuan Gang and Richard Amurao were appointed to replace directors Kuo Hao, Roberto San Jose and Steven Virata, while Marie See was named as a replacement for independent director Rodrigo Supeña.
