Lance Gokongwei, chairman of Robinsons Land Corp. (RLC) will assume the posts of Frederick Go as president and chief executive officer following the latter’s appointment as Special Assistant to the President for Investment and Economic Affairs.
RLC told the Philippine Stock Exchange (PSE) the move will take effect on January 8 next year.
Go also relinquished his seats in the board of various Gokongwei Group of Companies.
Go will serve as head of the government’s Economic Development Group previously held by the Secretary of Finance. Finance Secretary Benjamin Diokno will assume the position of vice chair, together with National Economic Development Authority Secretary Arsenio Balisacan.
Prior to the appointment as a special assistant to the president, Go was named by President Marcos as presidential adviser for investment and economic affairs last January and was part of the latter’s Private Sector Advisory Council.
His new position has a rank of Cabinet secretary.
