Century Properties names new independent director

Century Properties Group announced the election of Aileen Christel Ongkauko as an independent director effective April 7, 2021.

Ongkauko, 52, is the group president and CEO of La Filipina Uy Gongco Corporation & Subsidiaries, a highly-diversified agribusiness, livestock and food company established more than a century ago. She is also a director of South Balibago Resources Inc. and Ateneo Family Business Development Center.

Ongkauko was also former director of Aboitiz Equity Ventures International, Aboitiz Power International, Pilmico International and advisor to the board of Weather Philippines Inc.

She graduated magna cum laude and was a Departmental Awardee from Ateneo de Manila University, where she earned her degree in Bachelor of Arts in Management Economics. 

Her appointment effectively increases CPG’s independent directors to four, which includes Ambassador Jose L. Cuisia, Jr., Stephen T. CuUnjieng and Carlos C. Ejercito.

The CPG board of directors, led by Executive Chairman Jose E.B. Antonio, said: “We are pleased to welcome Ms. Aileen Christel U. Ongkauko to the CPG Board. Her busines experience and insights into broader trends that impact our markets will bring fresh and more diverse perspectives to the Board leadership as we strive to improve our corporate governance, scale up the company’s business expansion, and enhance our innovation and sustainability initiatives.”

Ongkauko said: “I thank the board of Century Properties Group for their trust and for giving me the opportunity to contribute to the company’s exciting and transformative growth. I look forward to a productive and fulfilling term.”