NEWS Philippine Prudential Announces Key Executive Appointments Mr. Gregorio D. Mercado, President and Chief Executive Officer of Philippine Prudential Life Insurance Company, Inc., recently announced the Company’s new Key Executive Appointments, effective 02 January 2012, as follows: Mr. Victor P. Quisumbing as Chief Distribution Officer and the new Head of Philippine Prudential’s Sales and Marketing Group. Mr. Quisumbing brings to the Company over 30 years of experience as a career professional in the Life Insurance Industry, beginning with a distinguished and impressive Agency Sales career at Manulife Financial to eventually rise to President and CEO of All AsiaLife, Philippine AXA Life and, most recently, Grepalife. At Philippine Prudential, he will be tasked to drive further growth and expansion of the Company’s existing Distribution Channels, while developing new ones and also introducing innovations to help ensure Philippine Prudential’s sustainable viability in the years to come. Mr. Amando A. Mercado as Chief Operating Officer. Following his various achievements as the former Head of Sales and Marketing, Mr. Mercado will now take on new and distinct challenges to streamline, optimize, enhance and drive all of Philippine Prudential’s Operations units, helping ensure that all of its “back-office” departments work at peak efficiency in delivering timely, relevant and value-added support, not only to Philippine Prudential’s Distribution Channels, but most especially to the Company’s valued clients through its Customer Service group. Additionally, in the Fourth Quarter of 2011, Philippine Prudential appointed Ms. Arabelle G. Adigue as Vice
Photos above show (left to right): Mr. Victor P. Quisumbing, Mr. Amando A. Mercado and Ms. Arabelle G. Adigue.
President for Marketing, bringing to Philippine Prudential her rich experience in Marketing Management, including Product Management, from her stints at AXA, Grepalife and PhilAm Life. “We are greatly pleased and excited with these new executive appointments and look forward to their valuable contributions in 2012 as we enter our 49th year of sterling service in the life insurance industry,” Philippine Prudential President and Chief Executive Officer Gregorio D. Mercado said. “In the last five years, our Company has seen not just impressive, but rather, spectacular results in our overall performance, making us today among the Top 15 life insurance companies in the country. With this latest major milestone, we are determined to continue our upward trajectory as we approach our 50th year and beyond. We thus wholehearted welcome Mr. Vic Quisumbing and Ms. Daryl Adigue to our Philippine Prudential Family, as we wish Mr. Mandy Mercado continued success in his new role as our Chief Operating Officer,” he added.
Philippine Prudential’s Pride The Home Office Life Underwriters Association of the Philippines (HOLUAP) Board of Trustees held their oathtaking last January 30,2012 at the Insurance Commission Office in Manila in the presence of the Honorable Insurance Commissioner Emmanuel F. Dooc (seated). Philippine Prudential is proud that our very own Underwriting Supervisor, Ms. Hazel Martirez-Garcia, was elected as the VICE PRESIDENT for 2012. As Vice President, her main task is to enhance and develop the association’s current programs and activities. HOLUAP is committed in pursuing underwriting excellence in the life insurance industry by providing learning avenues through conventions, seminars and other activities aimed at enhancing the knowledge and skills of its members.
Philippine Prudential TIMES • February 2012
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