PRESIDENT Rodrigo Duterte has approved the nomination of Director Manuel Gaerlan as the new president and chief executive officer (CEO) of Clark Development Corporation (CDC).

Malacañang has announced the appointment in a letter signed by Executive Secretary Salvador Medialdea dated January 11, 2021. The letter was addressed to the members of the CDC Board of Directors (BOD).

The CDC-BOD, executives and staff regard the appointment as a welcome development.

For her part, Office of the CDC Officer-In-Charge President Engineer Mariza Mandocdoc said she is thankful that Duterte appointed a new president and CEO from the members of the CDC-BOD.

“Director Gaerlan is very much aware of the opportunities and challenges that Clark faces. With his inspiring leadership, CDC will be able to accomplish much much more for Clark and its stakeholders,” Mandocdoc said.

Gaerlan will take his Oath of Office as CDC President and CEO on Thursday, January 14, 2021, during a special organizational meeting of the CDC-BOD.