Italpinas names Garofalo as new CEO

Niche real estate firm Italpinas Development Corp.'s (IDC) board of directors has appointed Engr. Giuseppe Garofalo as the company's new chief executive officer (CEO), taking over the helm from IDC's co-founder Architect Romolo V. Nati.

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In a disclosure to the Philippine Stock Exchange (PSE), the firm said the Italian engineer has been a key member of IDC's leadership team, serving as chief operating officer (COO) for several years.

His technical background as an engineer and his extensive experience in construction and operations management have been central to IDC's record of delivering high-quality, environmentally responsive developments.

IDC said Garofalo's appointment reflects the company's commitment to operational excellence, innovation, and continuity in leadership.

Outgoing CEO Nati, the visionary behind its award-winning architectural and environmental design philosophy, will remain as chairman of the board and assume the title of chief of design officer.