Prime Infrastructure Holdings Inc., the core infrastructure arm of the Razon group, announced strategic leadership changes aimed towards continued rapid growth in key operating businesses.
J.V. Emmanuel De Dios, chief executive of Prime Metro BMD Corp., will take up a new challenge as he joins the Manila Water Company as its new president and chief executive effective Sept. 1, 2021. Enrique Razon Jr. will remain as MWC chairman.
Sebastian Lacson, Prime Infra’s senior project director leading waste-to-fuel initiatives, assumes the concurrent role of PrimeBMD CEO. Hans Christian Lopez, deputy project director of WawaJVCo, moves to PrimeBMD as chief operating officer.
The executive changes strengthen Prime Infra's leadership across its business units as it continues to expand its portfolio. Early this year, Prime Infra acquired the controlling stake in East Zone water concessionaire MWC.
"We look forward to this leadership transition that will significantly contribute to creating opportunities for synergies and enhance growth prospects across our portfolio of companies," said Guillaume Lucci, president of Prime Infra.
Prime Infra is a company focused on investment, development and operation of critical infrastructure in emerging markets worldwide. Its infrastructure assets include both renewable and sustainable energy, water and construction, but will soon expand to other industries as part of its commitment to build better lives and resilient economies.
"The strong expertise and extensive experience of these seasoned professionals will successfully drive our business units into further growth, resulting in enhanced value both for our business partners and the communities that we serve," said Lucci.
As the president and CEO of MWC, De Dios will drive the new MWC strategy which is envisioned to result in significant growth both domestically and internationally.
Lacson, who will continue to manage the waste-to-fuel project of Prime Infra, will also oversee the next expansion phase of PrimeBMD. Lacson will be closely supported on the delivery side by Lopez.