Broadcast giant ABS-CBN Corporation has announced the appointment of a new chief executive officer following the retirement of its president and CEO, Rosario “Charo” Santos-Concio.
Santos-Concio, a multi-awarded actress before becoming a network executive, will be replaced by Carlo Katigbak, who prior to his appointment was chief operating officer (COO). The appointment will take effect January 1.
Santos-Concio, who was the network CEO since 2008 and president since 2013, will however continue working for ABS-CBN as Chief Content Officer, President of the ABS-CBN University, and executive adviser to the chairman, Eugenio Lopez 3rd.
Katigbak has 20 years combined experience in financial management and business operations, corporate planning, and general management.
Prior to his appointment as COO in March 2015, Katigbak was the Head of Access. He helped pave the company’s forays into promising technologies and ventures and managed the operations of Sky Cable, ABS-CBNmobile, and ABS-CBN TVplus.
He began his career at Sky Cable in 1994, handling various key positions which culminated with his appointment as vice president for provincial operations of Sky Cable in 1998.
Katigbak was then assigned to establish the Internet business of ABS-CBN in 1999. He served as Managing Director of ABS-CBN Interactive, which ventured into online and mobile businesses.
He returned to Sky Cable and served as its COO from 2005 to 2012, and then as president in 2013. Under his leadership, Sky Cable launched the digibox, which eventually curbed the number of illegal connections and allowed customers greater flexibility in customizing their subscriptions. Sky also re-launched its broadband products, which are now the fastest growing segment of its business.
Katigbak completed an Advanced Management Program from Harvard Business School in 2009. He was graduated from the Ateneo de Manila University with a degree in Management Engineering in 1991.