Manila North Tollways Corporation (MNTC) recently appointed BDO Trust as Trustee of its employees' retirement fund. 

 

Shown during the signing of agreement are: (seated l-r) Noel L. Andrada, BDO Trust First Vice President, Ador A. Abrogena, BDO Trust Officer & Executive Vice President, Jose P. de Jesus, MNTC President and Chief Executive Officer, Rodrigo E. Franco, MNTC Executive Vice President, Chief Operating Officer and Chief Finance Officer, Casimiro R. Cepeda Jr., MNTC Vice President, Human Resources and Administration, Atty. Romulo S. Quimbo Jr., MNTC Vice President, Legal and Regulatory Affairs.  (Standing l-r) Elvira M. Lacaba BDO Trust Manager, Joseph R. Lledo BDO Senior Assistant Vice President, Edmundo S. Soriano, BDO Senior Vice President, Dennis Edmund E. Balagtas, BDO Trust Senior Manager, Melchor S. Ventura MNTC Senior Media Relations Manager, Ma. Elena N. Ochoa, MNTC Vice President for Corporate Communications.

 

MNTC is engaged in the rehabilitation and operations of the North Luzon Expressway (NLEX), now a world-class highway that provides the shortest, most direct and efficient link to the twenty-two provinces in Central and Northern Luzon.

 

BDO Group has also provided other significant services to MNTC such as BDO Capital Corporation's role as Joint Lead Arranger for its 7-year FXCN, BDO Corporate Banking Group Note Holder, Sole LC Bank for the NLEX project, BDO Trust Note Holder and Facility and Paying Agent arrangement and BDO Cash Management's Collection  Bank arrangement.