Returning property developer Philippine Realty and Holdings Corp. (PhilRealty) said it has a new president and chief executive officer effective Aug. 1, 2014 to replace retiring Amador Bacani.

Andrew Alcid, who has a 25-year experience in financial services, will now lead PhilRealty while Bacani will remain as member of the property developer’s board of directors.

Read more about it here:
http://www.tribune.net.ph/business/philrealty-names-new-president-ceo