Manila Water Company Inc., the east zone concessionaire of the state-run Metropolitan Waterworks and Sewerage System, named Ferdinand Dela Cruz as the new president and chief executive.
Manila Water made the announcement during the recent Bankers’ Appreciation Night at Tower Club in Makati City, where the company expressed gratitude to key partner banks
Dela Cruz will replace Gerardo Ablaza Jr. who thanked the partner banks for recognizing the potential of the company and for believing that Manila Water would be able to deliver on all its promises to customers, investors and equity holders.
“Nothing changes about Manila Water. Tt’s the same excellent company that you can continue keeping your faith in,”Ablaza said.
Dela Cruz also assured the stakeholders that the company would continue on its path to progress. “This is our very first Banker’s Appreciation Night and we guarantee that this won’t be our last.We are happy to note that our customer profile is also changing from national agencies to local government units to business-to-business, real estate developers and industrial parks and our mission is very simple: to be the partner of choice as we grow our portfolio businesses. I am really excited on the challenges that our outgoing president put on to us and we could only do this if we partner with you,” Dela Cruz said.