Lucio 'Hun Hun' Tan III is named president of LT Group, as the conglomerate posts its highest net income in a decade.
He was named chief operating officer of Tanduay Distillers in 2019, and vice president of PAL Holdings in 2021.
“As in the past years that we were able to overcome the challenges of the pandemic, my commitment remains in delivering consistent results and prioritizing the profitability of every company in our portfolio,” he said. The young Tan assuming the top post comes as LTG recorded its highest net income in a decade at P25.1 billion for the entire 2022, a 24% increase from 2021.
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