Ang son named to SMC board
San Miguel Corp. (SMC), the country’s diversified conglomerate, has named John Paul Ang as director.
Ang is the eldest son of SMC president and COO Ramon Ang and is the president and CEO of listed Eagle Cement Corp. since 2008. The younger Ang will fill the seat left by director Reynaldo David who passed away last December 13.
At the time of his death, David, a veteran banker and former president of state-owned Development Bank of the Philippines, was an independent director of San Miguel since 2016. He was also an independent director of Petron and Tiger Resort, Leisure & Entertainment Inc.
In a disclosure yesterday, SMC said the younger Ang “brings with him years of top managerial experience in the cement industry in the Philippines and in Malaysia, beginning with experience business operations to top level management decision making, which experiences allowed him to be equipped with the necessary skills to lead their cement business, which he has helped grow into being an industry leader that it is today.
Ang graduated with a degree in Bachelor of Arts Major in Interdisciplinary Studies at the Ateneo de Manila University.
As a conglomerate, SMC is into different businesses including beverage, food and packaging as well as fuel and oil, energy, infrastructure and real estate.
SMC’s portfolio includes beer; spirits; non-alcoholic beverages; poultry; animal feeds; flour; fresh and processed meats; dairy products; coffee; various packaging products; and a range of refined petroleum products.