Digital Resilience Leader for the Future – Manila Bulletin
Two years after the global outbreak of COVID-19, the resulting pandemic has proven that the digital journey is not linear and that everything is changing at a constant pace. Business leaders who have integrated digital resilience into their businesses would naturally stand out in their respective fields.
One such industry expert is Dr. Richard Parcia, Group Chief Information Officer (CIO) of Concepcion Industrial Corp. (CIC) and Filipino winner of the International Data Corp. Future Enterprise Awards 2021. (IDC), a global market intelligence company. organization. He was recently awarded by IDC Philippines as CIO and Chief Digital Officer of the Year for 2021.
With CIC’s vision of creating happy spaces and becoming an integral part of every Filipino home and business, it must meet the changing demands and needs of customers through the integration of technology platforms that empower the ‘organization. As Group CIO, Dr. Parcia provides strategic direction for the conglomerate’s transformation initiatives, including projects involving digital maturity and data management.
Prior to joining CIC in 2018, he served as CIO and Chief Technology Officer of the Asian Institute of Management. He was previously based in France heading LafargeHolcim’s Global Operations Center covering 93 countries, having led Holcim’s regional IT infrastructure and operations in East Asia, as well as senior management positions in companies of the Fortune 500 such as United Health Group and Intel Corp.
In 2020 and 2021, IDG Communications named Dr. Parcia one of the Top 75 Technology Leaders in Southeast Asia, encompassing the ASEAN region and Hong Kong. An IDC affiliate, IDG Communications is the publisher of CIO Magazine, considered the most prestigious publication for enterprise CIOs and enterprise technology executives worldwide.
What an outstanding feat for Dr. Parcia – who started at the bottom as an IT clerk at Asia Brewery Inc. and worked his way up the corporate ladder to become the multi-award winning CIO he is today.
RACE FOR MARKET DOMINATION
The Department of Energy (DOE) has released the latest data on the market shares of companies active in the liquefied petroleum gas (LPG) industry. According to DOE Director Rino Abad, head of the Petroleum Industry Management Bureau (OIMB), Republic Law 8479 requires the OIMB to provide only aggregate industry information.
In the third quarter of last year, Liquigaz Philippines Corp. and South Pacific Inc. (SPI) were statistically tied for first place, with less than a percentage point difference between them in terms of market share. Of the country’s total volume of 15,479.19 MB, Liquigaz held 23.32% while SPI’s share was 22.64%, a difference of only 0.68%. Former favorite Petron Corp. dropped to third place at 18.65%, followed by Pryce Gas and Isla LPG to round out the top five.
SPI secured the top spot in Metro Manila, while Liquigaz dominated in North Luzon and South Luzon. Petron was number one in the VisMin area, but Pryce Gas was not far behind. It can be noted that SPI and Liquigaz have a minimal presence in the Visayas and none in Mindanao.
J. Albert Gamboa is a life member of the Financial Executives Institute of the Philippines (FINEX). He is Chairman of FINEX’s Media Affairs Committee and Editor-in-Chief of FINEX Digest. The opinion expressed here does not necessarily reflect the views of these institutions and the Manila Bulletin. #FinexPhils www.finex.org.ph
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