Newport World Resorts has announced the appointment of Englebert Teh as its new Chief Strategy Officer.
The company noted that with 10 years of experience in real estate and finance, Teh will bring a “wealth of expertise to the executive team” having previously served as Head of Investment & Asset Management at Arch Capital Philippines.
He also worked as Chief Financial Officer of MREIT, Inc., and held key positions at Megaworld Corporation, Primiero Partners, and San Miguel Infrastructure.
The operator of Newport World Resorts, Travellers – under the Alliance Global Group, has reported a fall in gaming revenues of 6.3 percent for the first nine months of the year, totaling PHP24.31 billion ($412.67 million).