LT Group, Inc. Appoints Chester Y. Luy as Member of the Board of Advisors
November 10, 2022 at 11:57 am IST
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LT Group, Inc. advised that the Board of Directors through referendum held on November 10, 2022, approved the appointment of Mr. Chester Y. Luy as member of the Board of Advisors of the Company, after his nomination was duly recommended by the Corporate Governance Committee.
LT Group, Inc. is a Philippines-based holding company. The Company has a diversified portfolio of consumer-focused businesses. The Company operates through six segments. Banking segment provides a full range of banking and other financial services to corporate, middle-market and retail customers, the National Government (NG), local government units (LGUs) and government-owned and controlled corporations (GOCCs) and various government agencies. Distilled Spirits segment is involved in manufacturing, compounding, bottling, importing, buying and selling rum, spirit beverages, and liquor products. Beverage segment is engaged in brewing and soft drinks and bottled water manufacturing in the Philippines. Tobacco segment is a supplier and manufacturer of cigarettes, casings, tobacco, packaging, labels and filters. Property Development segment is engaged in ownership, development, leasing and management of residential properties. Others segment consist of various holding companies.