Philippines’ Manila On Wednesday, Dito Telecommunity Corp.’s chief executive officer Dennis Uy, a tycoon, announced his resignation.
Eric Alberto, president of Dito CME, the Udenna group’s information and communications technology division, takes over for him.
Uy will continue to lead Dito Telecommunity as its chairman.
“Eric’s extensive background in senior positions across many decades in the banking and telecom industries will be extremely beneficial in his new position as CEO of Dito Tel. We’re still keeping the company on a high-growth trajectory, so his appointment is timely,” Uy said in a statement.
He continued, “We have further confidence in Dito CME and Dito Tel achieving their business plan targets at the earliest possible time with the recent equity infusions at the Dito CME level and Dito Tel’s signing of the US$3.9 billion long-term project finance facility.”
Alberto joined DITO CME in 2020 after serving as a key executive at PLDT Inc., Dito’s competitor.
Donald Lim, the chief operational officer of Dito CME, will take over as acting president in the interim.
In March 2021, Dito Telecommunity started operating in the Visayas and Mindanao. In April of the same year, it expanded to Luzon, which includes Metro Manila.
