Tomas I. Alcantara (Photo credit: https://www.acr.com.ph)
Taking his place is his older brother, Nicasio I. Alcantara, who will be pursuing the company’s aggressive expansion projects in the power sector, primarily renewable energy as the next focus of its investments trajectory.
ACR announced that Tomas Alcantara, known to their employees and executives as “TIA”, will remain as board director in the company. No particular details were given on his current state of health, which prompted his decision to finally pass the baton to another family member in leading their corporation.
Nicasio I. Alcantara (Photo credit: https://acrmc.com.ph/)