Felipe Manalang just decided to move on from his current job as President/CEO of Fujitsu Philippines Inc. (FPI), as well as from all his other executive positions in the various subsidiaries/affiliates of the company, effective the end of July 2005.

Manalang left Fujitsu with a legacy of being able to achieved the critical mass needed for long-term continuity. He grew the company from a P100-million hardware trading business, into a P2.5 billion solutions integration and service business.

He is also leaving with no doubts as to the long-term viability of the business. He presided over the good times of non-stop go-go growth in the mid/late 1990�s, as well as the business difficulties during the political turbulence and economic downturn in 2002-2004. In October 2003, the company downsized from 1000 to 840 employees as software projects declined, when the US economy weakened.

He is also one of the believers that the country should not compete head on with India but needs to consider Vietnam and China as the country's immediate competitor.

(UPDATE - 8/5/05)

FPI just announced the appointment of Peter G. Tan as President and CEO of FPI effective August 1, 2005. Tan first joined FPI in 1981 and became President of Wesolv Open Computing Inc., a subsidiary of FPI, in August, 2000. The company also announced the promotion of Raul A, Santiago III to Executive Vice President & Chief Marketing Officer (CMO). Santiago joined FPI as Marketing Director in October, 2000.