Another Lourdesian alumnus assumes another leadership role.
Philippine Retailers Association (PRA) President Lorenzo C. Formoso takes on the position of the chairman of the Federation of Asia Pacific Retailers Associations (Fapra) in the next two years.
According to an article released by BusinessMirror online dated Feb. 2, 2016, “the Fapra consists of the recognized national retail trade organizations in 18 member-economies—Australia, China, Chinese Taipei, Fiji, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Mongolia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, Turkey and Vietnam.”
The Philippines now lead these 18 member-economies with the leadership of Formoso.
An alumnus of LSQC Batch ’76, Formoso is also the current COO of Duty Free Philippines.