The Board of Directors of Metro Retail Stores Group, Inc. (MRSGI) announced the appointment of Mr. Joselito G. Orense as Treasurer and Chief Financial Officer of the company, effective March 17, 2016. Mr. Orense assumes these positions previously held by Mr. Aljim C. Jamandre, who shall focus on his role as Group Chief Financial Officer of Vicsal Development Corporation, the principal shareholder of MRSGI.