The Manila Broadcasting Company (MBC) has elected its board of directors for the year 2023 - 2024 on Thursday, Oct. 5.
The nominations and elections took place during the annual stakeholders meeting held at the Elizalde Hall in Aliw Theater, Pasay City.
The annual stakeholders meeting was led by MBC President Ruperto ‘Jun’ Nicdao Jr.
Among the agendas accomplished were the approval of the minutes of the stakeholders meeting dated Oct. 5, 2023, and MBC’s 2022 audited financial statements as of December 31, 2022.
The elections were opened for the MBC board of directors, and the following esteemed individuals were elected with no objections:
-
Federico Elizalde
-
Juan Manuel Elizalde
-
Ruperto Nicdao Jr.
-
Eduardo Cordova
-
Julio Manuel Macuja
-
Marvel K. Tan
-
George Goduco
-
Robert Pua
-
Rudolph Steve Juralbal
SGV & Company, meanwhile, was elected as the external auditor of MBC.
The following was appointed as the company's officers:
-
Federico Elizalde - Chairman
-
Ruperto Nicdao Jr. - President
-
Eduardo Cordova - Senior Vice President – Chief Finance Officer and Chief Information Officer
-
Juan Elizalde - Senior Vice President – Operations
-
Robert Pua - Vice President – Controller and Compliance Officer
-
Rudolph Jularbal - Vice President – Legal & Regulatory Compliance, Corporate Secretary
During the same meeting, Mr. Nicdao delivered his President’s report wherein he highlighted several accomplishments of the company in 2022.
Among these are the increase in MBC’s total revenue as well as in gross profit and net income.
He also highlighted the boost in the digital presence of the company’s AM and FM stations amidst the eruptive online consumption on social media platforms.
“Our AM and FM network already built huge communities and content on Facebook, YouTube, Twitter, Instagram, TikTok, the world’s most popular platforms,” Nicdao said.
The MBC President also emphasised the comeback of the company’s on-ground promotions that are anchored in the theme “No one left behind.”
The promotions were ACS Milyones, Champion Milyonaryo Pack, MBC milyones, and 2022 Aliwan Fiesta.
Also present during the said meeting were MBC’s key officers such as Human Resource Vice President Ellen Fullido and Sales Assistant Vice President Jose Ma. Parroco.