Metro Manila (CNN Philippines, June 5) — Karl Kendrick Chua, who was socioeconomic planning secretary during the Duterte administration, is the new independent director of a listed plastic and food input producer.
In a disclosure Monday, D&L Industries welcomed Chua to the group’s board of directors.Chua was also an undersecretary at the Department of Finance, and had a stint with the World Bank as an economist.“He brings a fresh perspective with his distinguished experience as an economist, working for the World Bank for over a decade and serving the government in various strategic leadership roles thereafter,” D&L President and CEO Alvin Lao said.“With independent directors continuing to hold a majority of our Board, the company remains committed to upholding good governance and transparency,” he added.
