Jollibee CFO Ysmael Baysa to retire on April 30

He will be succeeded by Richard Chong Woo Shin.

Jollibee Foods Corporation announced the retirement of its chief financial officer Ysmael Baysa effective April 30, after nearly two decades in the job.

Baysa, who joined the fast food giant in 2003, will also be stepping down as compliance officer.

He will be succeeded by Richard Chong Woo Shin, who will assume the CFO role effective May 1 whilst Valerie Amante will be compliance officer, also effective May 1.

“As we continue our accelerated expansion, we are confident that Richard’s global experience and proven track record will help the Jollibee Group achieve its vision of becoming one of the top five restaurant companies in the world,” Ernesto Tanmantiong, Chief Executive Officer of Jollibee Group, said.

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