Leading fiber broadband provider Converge ICT Solutions Inc. announced the appointment of two female executives to drive higher performance and support the company’s strategic goals while strengthening governance and applying industry best practices.
Christine Renee Blabagno, the former chief financial officer of the Philippine Business for Social Progress, the largest corporate-led social development foundation, was appointed as treasurer and deputy chief finance officer of Converge ICT.
Lawyer Laurice Esteban-Tuason, former compliance director of ABS-CBN Corp., was named as corporate compliance officer.
“Starting as a small homegrown company, Converge looked for passionate individuals who are aligned with our aspiration of delivering the best value to our customers,” said Converge founder and chief executive Dennis Anthony Uy.
“At the same time, as a rapidly growing company, we need talented leaders at the top of their field who share our ambitious goal of bringing world-class fiber connectivity to every Filipino household and help build the nation,” said Uy.
Blabagno will bring her expertise to manage Converge’s financial health and performance to support the company’s growth and expansion. She has over 25 years of experience as a financial leader and strategist, with 14 years of her career spent at Globe Telecom in various leadership positions, the last being vice president of consolidated core business controllership.
At PBSP, Blabagno was responsible for the prudent management of the foundation’s billions of pesos in annual grants. She graduated summa cum laude from the Notre Dame University in Cotabato City and earned her Master in Business Management from the Asian Institute of Management while working as an audit director at SGV & Co. (Ernst and Young).
Esteban-Tuason will oversee Converge’s regulatory and legal compliance and ensure the organization continues to adhere to the highest standards of corporate governance. Prior to ABS-CBN where she held several leadership roles, Esteban-Tuason was a legal officer for the Bangko Sentral ng Pilipinas and also served as a legal staff at the House of Representatives.
A product of the Ateneo School of Law, she started her career with prestigious law firms Del Rosario and Del Rosario Law Offices and SyCip Salazar Hernandez and Gatmaitan.
“The new additions to our leadership team will help promote initiatives that raise organizational standards of governance and compliance,” said Converge president Grace Uy.
“We are excited to see our leadership team bringing the organization to greater heights as we continue to pursue our goal of enabling more communities to thrive in a digital and hyper-connected environment,” she said.
Converge ranked third among the 20 fastest-growing companies in the Philippines, according to the Financial Times Asia-Pacific’s High-Growth companies list, compiled in partnership with Nikkei Asia and global research provider Statista.
Known to have had among the largest Philippine IPOs in recent history, Converge reported a year-on-year revenue growth of over 71 percent in 2020.
As the company achieves nationwide expansion by the end of 2021, increasing its fiber footprint in more regions of the country, Converge is expected to reach 55 percent of Filipino households by 2025.
Serving more than 1 million subscribers, Converge focused its efforts on enhancing the overall customer experience by strengthening customer care functions and digitizing the customer journey.