Business and Economy
Lucio Tan’s daughter now PAL OIC
The tycoon sits as PAL chairman and chief executive officer, while his daughter is currently executive vice president of PAL. (File Photo by Roderick Eime/Flickr, CC BY 2.0)
MANILA — Flag carrier Philippine Airlines (PAL) on Tuesday announced the appointment of Lucio Tan’s daughter, Vivienne, as the airline’s officer-in-charge after Jaime Bautista’s retirement as president and chief operating officer.
The tycoon sits as PAL chairman and chief executive officer, while his daughter is currently executive vice president of PAL.
According to PAL, Bautista expressed his wish to spend more time with his family.
Last week, Bautista told the Philippine News Agency (PNA) that he has met with Transportation Secretary Arthur Tugade to tackle the government’s plan to use Sangley airport for general aviation and domestic flights.
He said PAL is very happy about this development, and that his team will meet with Tugade for brainstorming on how to fast-track airline operations in Sangley.
All concerns and official communication requiring the attention or approval of the PAL president shall now be addressed by Tan.
In a statement, PAL assured its customers, business partners, and employees, that it is “business as usual” for the flag carrier.
All flights and services are proceeding as scheduled, it added.
Tan also sits as the airline’s treasurer and chief administrative officer.
According to PAL, Tan started working for the airline in 2011.
Later, she moved to other positions in her father’s holding firm, the LT Group, mainly in the real estate, banking and education sectors.
She is a board member of the LT Group, Philippine National Bank, Eton Properties, Dynamic Holdings, University of the East, and the University of the East – Ramon Magsaysay Memorial Medical Center.
The tycoon’s daughter holds a double degree in mathematics and computer science from the University of San Francisco, as well as a postgraduate diploma in fashion design and manufacturing management from the Fashion Institute of Design and Merchandising in Los Angeles, US.
