Philam Asset Management, Inc. (PAMI) is delighted to announce the appointment of Mr Eric Lustre as its new President and Chief Executive Officer (CEO), effective November 21, 2016. Mr. Lustre will succeed Mr. Nanjo Berba who has been the company’s President and CEO since 2014. Mr. Berba will remain in PAMI as its new Chairman of the Board.
Prior to his appointment, Mr Lustre was the Head of Corporate Finance and Real Estate Department of the Investment Division of The Philippine American Life and General Insurance Company.
Outgoing PAMI President and CEO, Nanjo Berba said “Eric’s appointment will bring a breath of fresh air to PAMI, and I believe that with his leadership the company will be able to maintain its current standard of excellence. Eric has held multiple positions both with Philam Life and with other organizations. His experience will undoubtedly be a major contribution to PAMI.”
Mr. Lustre received his Bachelor’s degree in Business Management from The Ateneo de Manila University and a Master’s degree in Business Management with a major in Finance at the Asian Institute of Management.
From there, he went on to hold various positions within the financial sector. He is a director in the following companies representing Philam Life: Phinma Corporation, Philam-Equitable Life Assurance Company, ICCP Holdings, Inc., Science Park of the Philippines, Inc., Regatta Properties, Inc., Beacon Property Ventures, Inc. Pueblo de Oro Development Corporation, Cebu Light Industrial Park, Inc., and RFM-Science Park of the Philippines, Inc.
With these qualifications, Mr. Lustre was the optimal choice to be at the helm of a company that is regarded as one most successful asset management companies in the Philippines.
As PAMI President and CEO, Mr. Lustre intends to propel the company to new heights with the intention of providing Filipinos with smart investment opportunities, while still promoting the current PAMI products that have given multiple Filipinos financial success.