The Mandaue Chamber of Commerce and Industry (MCCI) elected businessman Steven Yu as the new president.

He succeeded businessman Stanley Go, who is the vice president of sales and marketing of Virginia Food Inc.

Yu is the chairman and chief executive officer of Alliance Pacific Resources Corporation and One Central Tower, which was developed by Akropolis Stars Realty Development Corp., the real estate arm of the Yu family.

Yu’s core business is trading for more than 20 years, while its other business interests include a franchise of a food chain and small real estate projects, specifically commercial buildings. (JOB)