Olongapo SubicBay BatangGapo Newscenter

Wednesday, March 16, 2005

Top business exec Ng is new CDC president

Known business executive Antonio Ng will take over as president and chief executive officer of the Clark Development Corp. (CDC) today, vice president Emmanuel Y. Angeles said.

Angeles introduced Ng to CDC officials and employees during last Monday’s flag-raising ceremony here and urged them to cooperate and support the incoming CDC president.

The new CDC boss exhorted employees to work together to boost the Clark Special Economic Zone, which is one of the country’s “national treasures that could pump-prime bigger economic potentials in the future.”

Ng, 55, expressed confidence that with the cooperation and support of the CDC officials and personnel, “the momentum that Angeles has established for Clark’s growth would remain.”

Ng has 34 years of professional work experience and held top management positions. He was the first Filipino president and managing director of Amkor Technology Philippines and the first Filipino president and manager of Motorola Philippines.

He was president and chair of Semicon and Electronic Industry Association, which employs some 350,000 personnel.

Mayor Marino Morales of Mabalacat, co-chair of the Metro Clark Advisory Council, said Angeles will be remembered by local and Angeles and Clark zone officials for his “unprecedented outstanding accomplishments and roles in the transformation of Clark Zone into Asia’s aerotropolis and leading investment center in the Asia-Pacific region.”

Angeles, for his part, thanked President Arroyo, the CDC board of directors, led by chair Rizalino Navarro, the CDC executive vice president, Victor Jose Luciano, for their support during his four-year presidency of CDC.


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