Cebu Landmasters, Inc. announced that during the regular meeting of the Board of Directors held on August 4, 2018 approved acceptance of the resignation of Jesus N. Alcordo as Independent Board of Director, to focus on his responsibilities and duties as a CEO of his current company, effective August 3, 2018; approved appointment of Ms. M. Jasmine S. Oporto as Independent Board of Director, effective August 4, 2018. Prior to joining Cebu Landmasters, Inc., Dir. Oporto, acted as Corporate Secretary and Chief Compliance Officer for Aboitiz Equity Ventures, Inc. from May 17, 2004 up to February 28, 2018, and was Senior Vice President for Governance and Compliance for Aboitiz until March 31, 2018. She was also the Corporate Secretary for Aboitiz Power Corporation from 2007 to February 2018.