LT Group, Inc. Announces Executive and Board Changes
May 03, 2024 at 12:10 am EDT
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LT Group, Inc. announced that at the Organizational Meeting of the Board of Directors held on May 3, 2024, the following matters were approved: Appointment of Mr. Eduardo Luis T. Luy and Mr. Benito Carlo T. Pascual as Advisors to the Board of Directors. Election of the following officers to the positions: NESTOR C. MENDONES as Deputy Chief Financial Officer.
LT Group, Inc. is a Philippines-based holding company. The Company has a diversified portfolio of consumer-focused businesses. The Company operates through six segments. Banking segment provides a full range of banking and other financial services to corporate, middle-market and retail customers, the National Government (NG), local government units (LGUs) and government-owned and controlled corporations (GOCCs) and various government agencies. Distilled Spirits segment is involved in manufacturing, compounding, bottling, importing, buying and selling rum, spirit beverages, and liquor products. Beverage segment is engaged in brewing and soft drinks and bottled water manufacturing in the Philippines. Tobacco segment is a supplier and manufacturer of cigarettes, casings, tobacco, packaging, labels and filters. Property Development segment is engaged in ownership, development, leasing and management of residential properties. Others segment consist of various holding companies.