PLDT appoints Jimenez as new COO, executive VP

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The board of PLDT Inc. appointed Menardo Jimenez Jr. as its executive vice president and chief operating officer effective Sept. 17, 2024.

Prior to his appointment, Jimenez served as a senior vice president and the network head of the company.

He also served as the consumer business home advisor from 2022 to 2023, consumer business home head from 2019 to 2022, deputy business transformation office head from 2017 to 2019, human resource and development head from 2009 to 2019, retail business head from 2004 to 2009 and media communications and public affairs head from 2001 to 2004.

Jimenez received his AB Economics degree from the University of the Philippines.

PLDT earlier reported a net income of P18.41 billion from January to June this year, slightly down from P18.45 billion in the same period last year.

PLDT’s net income dropped 8.7 percent to P8.5 billion in the second quarter from P9.4 billion last year.

Telco core income, excluding the impact of asset sales and losses from Maya Innovations Holdings, reached P18 billion, up by 3 percent from the same period last year.

PLDT’s consolidated service revenues grew 3 percent to P96.9 billion in the first half.

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