Lucio Tan grandson named president of LT Group

MANILA -LT Group Inc. named taipan Lucio Tan’s 30-year-old grandson, Lucio Tan III, the new president of the banking, tobacco, liquor and property giant. He replaces his uncle, Michael Tan, the company’s president for over a decade and who helped turn the P110-billion LT Group into one of the country’s biggest conglomerates. “I am deeply … Continue reading Lucio Tan grandson named president of LT Group