Philippines-based property developer A Brown Co. Inc. said Roel Castro and Joel Bañares resigned from its board, effective Dec. 31.
Bañares also resigned as treasurer of the company.
The company appointed Renato Migriño to its board and as the new treasurer, effective Jan. 2, 2019. Migriño is the treasurer of Apex Mining Co. and an independent director of Mabuhay Vinyl Corp.
The replacement for Castro will be elected at A Brown's next board meeting.