5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

SBP elects Ricky Vargas as president and Manny Pangilinan as chairman

by
October 28, 2025
in Stock
0
SBP elects Ricky Vargas as president and Manny Pangilinan as chairman

THE Samahang Basketbol ng Pilipinas (SBP) has elected PBA Chairman Ricky Vargas as president and PLDT honcho Manny Pangilinan as chairman.

Mr. Vargas, who served as vice-president under outgoing chief Al Panlilio, and Mr. Pangilinan, who was previously chairman emeritus, will lead a board consisting of 17 seats, 13 of which were filled through an election among the federation’s 34 active members to “ensure broad sectoral representation across Philippine basketball.”

Elected sectoral representatives were Paul Tristan Laus (North Luzon), Edgar Francisco (South Luzon), Robert Uy (Visayas), Renauld Barrios (Mindanao), ose Franco Soberano (Youth), o Perasol, Manuel Raymund Castellano and Eric Altamirano (Schools), Vivian Manila (Women’s) and Messrs. Pangilinan, Vargas, Alfrancis Chua and Archen A. Cayabyab (Commercial and Professional).

Two co-opted members, Jacob Ang and Chaye Cabal-Revilla, were appointed by the president, while Ryan Reyes was named player representative and Peachy Cheng Medina was selected as the interim 3×3 representative.

Mr. Panlilio will remain a valued member of the board by virtue of his position as a FIBA Central Board member.

“This new SBP Board is a healthy mix of wisdom-filled veterans and passionate young leaders who share a common purpose — to build a stronger, more unified future for Philippine basketball,” said Mr. Vargas.

“We’re setting the foundation for the next generation of sports leaders to continue the growth and excellence that Filipino basketball is known for,” he said.

Mr. Pangilinan emphasized SBP’s continued drive for inclusivity and development across all levels of the sport.

“This new SBP Board is a reflection of how far Philippine basketball has come — more inclusive, more representative, and more forward-looking. For the first time, we have three female trustees on the board, even with fewer seats overall, ensuring that the voice of women in basketball continues to grow stronger,” he said.

“The addition of player and 3×3 representatives further broadens our perspective. And with promising young leaders like Jacob Ang and Franco Soberano, we’re making sure that basketball development in the country never stops — it only grows deeper and more united.” — Olmin Leyba

Previous Post

TNT, NLEX eye third straight win against separate foes

Next Post

PEZA on track to hit 2025 investment pledges goal

Next Post
PEZA on track to hit 2025 investment pledges goal

PEZA on track to hit 2025 investment pledges goal

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    PoobahAI raises $2M to mainstream AI-built blockchains

    PoobahAI raises $2M to mainstream AI-built blockchains

    October 29, 2025
    Prince Albert II Foundation and Circulate Capital join forces to tackle ocean plastic in Asia

    Prince Albert II Foundation and Circulate Capital join forces to tackle ocean plastic in Asia

    October 29, 2025
    Organised crime gangs dumping millions of tonnes of waste in British countryside

    Organised crime gangs dumping millions of tonnes of waste in British countryside

    October 29, 2025
    Supporting the creative industry in Autumn Budget will increase growth

    Supporting the creative industry in Autumn Budget will increase growth

    October 29, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.