Metro Retail Stores Group, Inc. Announces Board Appointments

October 23, 2023 : Metro Retail Stores Group, Inc. (MRSGI), a leading retailer in the Philippines, announced on October 23, 2023, the appointment of two new members to its Board of Directors:

• Medel T. Nera is an independent director, replacing the late Guillermo L. Parayno, Jr. Mr. Nera has over 30 years of experience in the retail industry, having held senior positions at companies such as SM Retail, Inc., Robinsons Retail Holdings, Inc., and Puregold Price Club, Inc. He is also a certified public accountant and a certified management accountant.
• Sherisa P. Nuesa is a non-executive director. She has over 25 years of experience in the retail industry, having held senior positions at companies such as SM Retail, Inc., Robinsons Retail Holdings, Inc., and Puregold Price Club, Inc. She is also a certified public accountant.

The appointment of Mr. Nera and Ms. Nuesa is part of MRSGI’s ongoing efforts to strengthen its Board of Directors and ensure that it has the skills and experience necessary to support its growth and development.

The appointment of Mr. Nera and Ms. Nuesa to the Board of Directors of MRSGI is a positive development for the company. Both directors have extensive experience in the retail industry, and they will bring valuable insights and expertise to the Board.

Mr. Nera’s experience in financial management will be particularly valuable to MRSGI, as the company is currently in the midst of a major expansion program. Ms. Nuesa’s experience in operations and marketing will also be valuable to MRSGI as the company seeks to improve its customer experience and grow its market share.

The appointment of two new directors to the Board of Directors of MRSGI is a sign of the company’s commitment to good governance and ensuring that it has the best possible leadership.

Metro Retail Stores Group, Inc. (MRSGI) has appointed two new members to its Board of Directors: Medel T. Nera and Sherisa P. Nuesa. Both directors have extensive experience in the retail industry, and they will bring valuable insights and expertise to the Board.

The appointment of Mr. Nera and Ms. Nuesa is a positive development for MRSGI, as it shows the company’s commitment to good governance and ensuring that it has the best possible leadership in place.