Roel Castro Elected President of the Iloilo Economic Development Foundation

Mr. Roel Castro has been elected as the new President of the Iloilo Economic Development (ILED) Foundation, Inc. for the term 2024-2026, signifying a commitment to bolstering the organization’s impact and fostering economic growth in the region.

The election occurred on Monday, October 14, 2024, at Citadines Hotel during the annual general assembly of ILED, with Castro succeeding outgoing President Angel de Leon.

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In his new role, Castro has yet to consult the various sectors and trustees on the organization’s priorities.

Initially, he sees the importance of equipping various sectors with the knowledge and skills essential for economic development. 

This will involve organizing training programs and seminars led by renowned national and international experts across diverse fields.

Castro brings a wealth of experience to the presidency, having served as a member of the ILED Board of Trustees since 2018, actively contributing to the economic progress of Iloilo City and the province.

Beyond his role with ILED, Castro is widely recognized as the President and Chief Executive Officer of MORE Electric and Power Corporation, the sole electricity distribution utility in Iloilo City. The company is poised to expand its services to Districts 2 and 4 of Iloilo province.

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He is also a Director of the Iloilo Festivals Foundation, Inc. and the UP Visayas Foundation, Inc., showcasing his commitment to fostering community development and education.

Castro’s leadership at ILED is expected to drive significant change and level up, leveraging his expertise and dedication to advance economic growth and prosperity in Iloilo.

Mr. Roel Castro has a diverse and impressive career spanning over three decades, primarily focused on the energy sector, with 15 years of experience in the industry of power and energy and renewables.

He has held high-level positions in various companies, academe, and organizations, showcasing his expertise in strategic management, project and business development, and corporate affairs.

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