Raslag Corp. announced the designation of Pedro H. Maniego, Jr as Lead Independent Director, effective October 17, 2023. Pedro H. Maniego was elected as The chairman and president of the Institute of Corporation Directors effective on January 1 2024 in the organizational meeting held after the annual general meeting of the institute on October 11, 2023.

he has been a trustee of the institute for the past eight years and served as the chairman of the fellow's strategy execution pathway, nominations and elections and golf committees. Director Maniego has been an independent director of the company since April 19, 2021 or for more than two years. He is the incumbent's chairman of the related party transactions committee and risk and oversight committee, as well as an increment member of the audit committee and corporate governance committee.

He also previously served as an interim chairman of the nomination compensation and election committee.