The Board of Directors of Xurpas Inc. held its organizational meeting on May 11, 2016 appointed Nico Jose S. Nolledo Chairman, President & Chief Executive Officer, Raymond Gerard S. Racaza as Treasurer & Chief Operating Officer, Fernando Jude F. Garcia as Chief Technology Officer, Jose Vicente T. Colayco as Chief Business Development Officer, Alfonso A. Tagaysay as Chief Marketing Officer, Alexander D. Corpuz as Chief Finance Officer & Chief Compliance Officer and Mark S. Gorriceta as Corporate Secretary & Chief Legal Officer.