|
The Board of Directors of Global Ferronickel Holdings, Inc. (FNI), in its meeting on August 27, 2025, approved the voluntary leave of absence of Mr. Joseph C. Sy as Chairman of the Board, effective the same date. This decision reflects the Board’s commitment to allowing Mr. Sy to focus on resolving his personal legal matters while safeguarding the best interests of the Company and its stakeholders. To ensure seamless leadership and operational continuity, the Board elected Mr. Dante R. Bravo, the Company’s President, as Chairman of the Board. Mr. Bravo will serve in both roles, with his performance and dual capacity to be reviewed annually by the Board and the Corporate Governance Committee.
To strengthen independent oversight, the Board created the role of Vice Chairman of the Board. This position is tasked with providing additional governance checks, presiding over meetings in the Chairman’s absence, serving as intermediary between the Chairman and other directors when necessary, convening and chairing meetings of the non-executive directors, and contributing to the performance evaluation of the Chairman, as required. The Board appointed Mr. Jaime F. Del Rosario, Lead Independent Director, as Vice Chairman of the Board. These measures underscore FNI’s commitment to stability, transparency, and strong corporate governance, providing clear leadership structure and reinforcing independent oversight while the Company continues to execute its business strategy. You may also read related article: Global Ferronickel Holdings releases an Official Statement on the detention of its Chairman, Joseph Sy |
PLACE YOUR ADS HERE Join and Subscribe to my Newsletter. It's FREE! ABOUT THE
BLOGGER Hi, I'm Ralph Gregore Masalihit! An RFP Graduate (Registered Financial Planner Institute - Philippines). A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). Currently, I'm working my way toward time and financial freedom. Follow me on FACEBOOK x PLACE YOUR ADS HERE PLACE YOUR ADS HERE Categories
All
Archives
October 2025
|