Philippine Airlines named an airline finance veteran as the acting chief financial officer effective Jan. 16, 2020 to replace Celeste Mutuc, who is stepping down because of health and personal reasons.
Nilo Thaddeus Rodriguez, a Master’s degree holder from the Asian Institute of Management and an alumnus of the UP College of Business Administration, will bring to PAL 28 years of finance industry experience, including 15 years of leadership roles across the Asia-Pacific region.
He was introduced to the PAL board Tuesday and will assume his new role as PAL CFO after his confirmation by the board.
Mutuc informed the PAL board of her resignation during its regular monthly meeting on Dec. 17. The board unanimously accepted her decision and thanked her for her period of service to the flag carrier. She is credited for improved fiscal reporting, enhanced quality of accounting and business relations with lending institutions and aircraft lessors.
Rodriguez has a proven track record in airline financial management having served Delta Airlines as regional manager for finance at Asia-Pacific and regional manager for supply chain at Asia-Pacific and finance manager for the Philippines, Australia and New Zealand.