IPM Holdings, Inc. elected Patrick Louie P. Mercado as member of board risk oversight committee. Board risk oversight committee: David L. Kho as Chairman; Alfredo P. II Javellana, Jan Vincent P. Mercado and Patrick Louie P. Mercado as member. Corporate Governance and related party transactions Committee: Alfredo P. II Javellana as chairman; David L. Kho, Antonio Victoriano F. III Gregorio and Patrick Louie P. Mercado as member.

The corporate secretary, Atty. Ana Maria A. Katigbak, was designated as company's corporate information officer while Mr. Roberto E. cabarco was appointed Deputy corporate information officer.