Article: Ibazeta appointed PSALM President.(Business News)

Byline: MYRNA M. VELASCO

President Gloria Macapagal Arroyo has appointed Jose Ibazeta as replacement for Nieves L. Osorio, who relinquished her post as president and chief executive officer (CEO) of the Power Sector Assets and Liabilities Management Corporation (PSALM) at the height of controversy over a failed bidding on the 25-year concession contract of the National Transmission Corporation.

Prior to this appointment, Ibazeta was director International Container Terminal Services, Inc. (ICTSI) of the Razon group, with links to the local partners of State Grid of China, one of the three pre-qualified bidders in TransCo.

A graduate of the ...

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