Italpinas Development Corp. (IDC), a publicly listed green and sustainable real estate developer, recently announced the appointment of Engineer Giuseppe Garofalo as its new chief executive officer.
Garofalo, an Italian engineer who previously served as IDC’s chief operating officer, has been a key figure in the company’s leadership team for several years. His technical background in engineering and extensive experience in construction and operations management have been central to IDC’s track record of delivering high-quality, environmentally responsive developments.
The appointment marks a leadership transition within IDC as outgoing CEO and co-founder Architect Romolo V. Nati steps into a new role as chairman of the board and chief of design office. Nati will now focus on guiding the company’s long-term strategy, business development, and architectural vision.
“As we enter this new phase where we need execution capability more than ever, I’m proud to pass the operational leadership to Giuseppe, whose deep expertise, proven implementation capabilities, and dedication have helped shape IDC’s success,” Nati said. “In my new role, I will continue to guide our design philosophy and long-term strategy, ensuring that our developments remain thoughtful, resilient, and responsive to the evolving needs of our communities.”
IDC president and co-founder Atty. Jojo Leviste said Garofalo’s promotion was a “natural and well-deserved progression.”
“His deep operational knowledge, strong leadership, established community relationships, and engineering expertise make him the ideal person to lead IDC into its next phase of growth,” Leviste said.
Garofalo expressed gratitude to the board and reaffirmed his commitment to IDC’s mission.
“IDC’s success is built on a unique blend of sustainability, innovation, and teamwork. I look forward to leading our talented team as we continue to grow responsibly, create value for our shareholders, for the environment, and for the communities, and deliver thoughtfully designed certified green developments to our clients,” he said.
IDC said the leadership transition underscores its commitment to operational excellence, innovation, and continuity in leadership as it continues to expand across high-growth cities in the Philippines.
