By Fernan Angeles
A STAUNCH supporter and ally of President Rodrigo Duterte wanting his Dito CME Holdings to become the third telecommunications company in the country has resigned from his corporate post as President.
Billionaire businessman Dennis Uy, however, will remain on the board as Chairman and Chief Executive Officer.
Replacing him as President is Ernesto Alberto.
Prior to joining the Dito CME Holdings, Alberto was the Vice President and chief revenue officer of Manny Panginan’s PLDT Co.
In a public disclosure, Dito CME stated that the “change shall foster an appropriate balance of power, increased accountability, and better capacity for independent decision-making.”
Dito CME has previously shared its plans to enter the digital industry, particularly in “communications, media, and entertainment.” There is no news yet if they plan to start a new organization.
Dito CME is the media counterpart of Uy’s Dito Telecommunity, which is set to launch in 2021.