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Petron names Recto president.

Philippine Daily Inquirer

| October 09, 2008 | COPYRIGHT 2001 Philippine Daily Inquirer Inc. (Hide copyright information)Copyright

Byline: Abigail L. Ho

THE BOARD OF PETRON CORP. has named former Finance Undersecretary Eric Recto as its new president.

Recto, a nominee of 51-percent Petron owner Ashmore Group, has been a director at the oil firm since July.

The appointment took effect Tuesday, the same day he was presented to employees as the companys new chief.

The 45-year-old former member of the Cabinet is also president of …

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