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MCWD redux

The Freeman

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December 22, 2025

Cebu City Mayor Archival reappointed me this month as board director in the Metropolitan Cebu Water District (MCWD).

- Ruben Almendras

I will be one of the five-member board that has dwindled to two, due to controversies in the appointments of directors. I like to believe I was appointed due to my experience as MCWD chairman in previous years, and for my expertise in management, banking, and finance.

Since I left MCWD, I would bump into former and current MCWD employees in many places and they tell me stories/ updates on MCWD. When it was rumored that I will be reappointed to the board, more information was relayed to me. As an investment/commercial banker, financial analyst, Finance professor, and businessman, I had a fairly good idea of its operational and financial predicament even before I rejoined MCWD.

The Freeman

यह कहानी The Freeman के December 22, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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