Manila Water introduces new president

MANILA, Philippines - Ayala-led Manila Water held its first ever Bankers’ Appreciation Night to express gratitude to key partner banks and to forge closer relationship and build trust with its financial stakeholders. The event which was well-attended by top executives of major local and foreign banks, including multilateral agencies, speaks of the good relationship the company has with its banking partners. During the event held at the Tower Club, Makati, Manila Water outgoing president and chief executive officer Gerardo Ablaza Jr. said he expressed his gratitude to the firms partner banks for recognizing the potential of the company and for believing that Manila Water would be able to deliver on all its promises to customers, investors and equity holders. For his part, new Manila Water President and CEO Ferdinand Dela Cruz assured the stakeholders present that the company would continue on its path to progress.