Maynilad Water Services, Inc. appointed Ramoncito Fernandez as its new President and CEO, effective from January 1, 2016. Fernandez officially took over the position vacated by Victorico P. Vargas, who is now Assistant Director of First Pacific Company and Head of Business Transformation of the PLDT Group.
Prior to his appointment, Fernandez was the President and CEO of Metro Pacific Tollways Corporation, Tollways Management Corporation, and MPCALA Holdings, Inc. He has led the tollways group in its expansion efforts and headed programs on customer service satisfaction and innovation, successfully increasing profitability threefold during his term.
