The League of Corporate Foundations welcomed Mr. Ricardo de Castro of TeaM Energy Foundation into its board of trustees, replacing Mr. Rafael Alunan III of the Lopez Group Foundation (LGFI). Mr. Alunan recently stepped down from his post as President of LGFI.

Mr. De Castro is currently the Executive Director of TeaM Energy Foundation. He was inducted by the board of trustees, led by LCF Chair Augusto Carpio III, during the LCF’s General Assembly last 7 December 2011.