TAGUIG - The Board of Directors of Udenna Corporation announced the appointment of Mr. Raymundo Martin Escalona as the Group’s next president effective February 1, 2021. 

Dennis A. Uy, Chairman and Chief Executive Officer of Udenna said, “Marty brings with him three decades of experience in the field of corporate finance and banking in the areas of treasury, investment banking, and relationship management. He will be instrumental in helping us harness the strengths of each of our subsidiaries by providing the necessary resources to effectively navigate the future as one Udenna family.”

Escalona was the Executive Vice President and Head of the Institutional Banking Group of CTBC Bank prior to joining the Udenna group of companies. With this new appointment as President of Udenna, he will concurrently serve as President and Chief Executive Officer of PH Resorts Group Holdings, Inc., the Udenna Group’s gaming and hospitality subsidiary.

“I am truly honored to be given this opportunity to be an instrument of synergy and growth, not just for the Udenna group of companies but more importantly for the country, as we deepen our commitment to being an indispensable partner in nation-building, driven by the Filipino passion for excellence,” Escalona said.