In a media release, Napocor announced that its board elected Fernando Martin Y. Roxas as its new president and chief executive officer after his appointment by President Ferdinand R. Marcos, Jr.
Mr. Roxas previously served as a geologist at Napocor in 1978, and as manager of its corporate planning group in 1990. He also led an ad hoc group tasked to study and craft Republic Act No. 9136 or the Electric Power Industry Reform Act of 2001. Napocor holds the electrification mandate over the small power utilities group, or SPUG, which is tasked with energizing off-grid areas.
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