Ex-ICTSI exec joins board of Prime Infra
BY LENIE LECTURA – JANUARY 23, 2023
from Business Mirror
The former executive vice president and chief financial officer of International Container Terminal Services Inc. (ICTSI) has joined the board of directors of Razon-led Prime Infra.
Martin O’Neil replaced Rafael Consing Jr., who was recently tapped to join the Office of the Presidential Adviser on Investment and Economic Affairs.
“Martin brings with him a depth of expertise to help execute Prime Infra’s strategic priorities in expanding the business, focusing on solidifying the company’s capital strength to maximize value for our stakeholders,” Prime Infra Chairman Enrique Razon Jr. said in a statement.
Led by Razon, the other members of the Prime Infra board are Christian Gonzalez, Guillaume Lucci, Stephen Paradies, and independent directors Panfilo Lacson and Danilo Feliciano. Aside from being a director, O’Neil was also named Senior Financial Advisor to the Prime Infra management.
“With over 30 years of experience in senior leadership roles, Martin’s wealth of knowledge and insight will prove invaluable to the company’s finance and business operations,” said Lucci, president of Prime Infra.
“He is a great addition and a strong asset to the team, and we are very pleased to have him on board.”
Last week, Prime Infra said preparatory measures are being undertaken in relation to the 2-week scheduled maintenance shutdown (SMS) for the Malampaya Deep Water Gas-to-Power (Malampaya) project.
Beginning on February 4 until 18, the SMS is part of a planned maintenance activity in Malampaya to ensure that the equipment and assets within the facility operate safely, reliably, and efficiently to avert any untoward incidents that can affect the continuous supply of gas to the power plants.
“The scheduled maintenance shutdown is a preventive maintenance activity that is executed at regular intervals to ensure that the Malampaya project continues to produce safe and reliable energy to supply the grid and meet the power requirements of the country,” Prime Energy General Manager Sebastian Quiniones said.
