Fitial retires from Tan Holdings
Representative-elect Benigno R. Fitial has announced plans to retire from Tan Holdings Group of Companies effective Dec. 31, 1999 in preparation for his return to public life.
Mr. Fitial steps down as one of top business executives at Tan Holdings after 11 years with the company. The announcement was made last Thursday evening at the annual company Christmas Party held at Dai-ichi Hotel.
In his farewell remarks, Mr. Fitial said that the most important aspects of his tenure with Tan Holdings were the broad exposure and experiences in business management, operations and meeting highly successful business owners and corporate executives from abroad.
He said, “These people have all made a positive and definite impressions on my life. Their wealth of experiences have prepared me to embark on a new dimension, a dimension to employ my own wealth of experiences in public life to bring wealth and lasting investments to our islands.”
“It is a dimension or mission to kick-start the economy so it rebounds to a level ‘as we know it’,” he said, reiterating that the bottom line in his mission is to “improve the economic lot of our people, no more, no less.”
The former speaker noted that the bridge he crossed more than a decade ago as a business executive and the wealth of experiences he gained should translate into rebuilding and reinventing investments in order to open up opportunities for prosperity in these islands beginning with the new millennium. He offered his hands to walk together in the “march through the valley of opportunity and partnership to explore and bring lasting investments to our islands so that together we can build greater prosperity and brighter tomorrow for our children.”
Mr. Fitial has expressed gratitude to Dr. Tan Siu Lin and his siblings “for the opportunity to let me see beyond the years in forging lasting investments and the need to break the shell of conventional investments in these islands.”
“We must take wealth and jobs creation to new heights in the first quarter of the new millennium,” Mr. Fitial said.