Robinsons Land exec resigns after presidential appointment

CEBU, Philippines — Robinsons Land Corporation (RLC) president and chief executive officer Frederick Go officially tendered his resignation following his appointment as Special Assistant to the President for Investment and Economic Affairs (SAPIEA) with the rank of a Secretary.

Go will leave his post as Chairman and member of the Board of Directors of RL Commercial REIT, Inc. (RCR) effective January 8, 2024, according to a memorandum sent by RLC headquarters in Manila to The Freeman.

JG Summit president and chief executive officer (CEO) Lance Gokongwei is taking over as chairman of Robinsons Land Corporation (RLC) starting January 8, 2023.

The board appointed Faraday D. Go as their newest member.

President Ferdinand Marcos Jr. announced Monday, December 18, 2023, the appointment Frederick Go as a SAPIEA.

Go has served on the boards of various companies, including those of the Gokongwei Group, and has received numerous awards,

Accordng to Malacañang, the functions of the OSAPIEA head include assisting the President by providing him timely, relevant and strategic advice on economic matters and concerns, including among others, inflation, food security, and the increasing prices of key commodities.

Go’s office is also tasked with ensuring that investment pledges are realized, and make the Philippines “a top investment destination.”

The SAPIEA shall serve as Chairperson of the Economic Development Group (EDG), while the Secretaries of the National Economic and Development Authority (NEDA) and Department of Finance (DOF) shall serve as Vice Chairpersons,” the Palace said.

The Malacañang said that new office will identify the priority programs, activities and projects in the Philippine Development Plan, as well as assess the progress of these programs and projects.