2 weeks ago
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Double Dragon Corporation has appointed Rodolfo Ma. Ponferrada as its new president, replacing founder Edgar J. Sia II’s brother Ferdinand J. Sia, effective March 1, 2025.
In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors has also approved the promotion of Ferdinand J. Sia as Vice Chairman of DoubleDragon. Edgar Injap Sia II will remain as CEO and Chairman, while Tony Tan Caktiong will still be the Co-Chairman.
Aside from his role as president of DoubleDragon, Ponferrada is concurrently Executive Chairman of Hotel101 Global.
“These preparations are all towards establishing a larger and stronger DoubleDragon Corporation from 2025 to 2035, and aligns with the Company’s vision to transition into a true Tier 1 company by the end of this year 2025 as the company continues its growth and expansion across Luzon, Visayas, and Mindanao, and overseas to eventually over the long term, export Hotel101 in 100 countries globally.” said Edgar Sia II.
He added that, "DoubleDragon expects this 2025 as the most significant year in its history since the DoubleDragon joint venture between myself and Tony Tan Caktiong came to life 13 years ago in 2012.
"As of now, DoubleDragon Corporation is one of the few companies in the Philippines with footprint and significant investments all over Luzon, Visayas and Mindanao, as far as Aparri in Luzon, and as far as Basilan, Cotabato, and Sultan Kudarat in Mindanao bringing lasting and impactful economic progress in the countryside."
Sia said "It is my life dream to see DoubleDragon in the next decade towards 2035 to become one of the major pillars of the Philippine economy, with operations globally while bringing massive contribution to nation building, and again through Hotel101 endeavor to positively carry the Filipino flag in all the countries it eventually operates in."
Previously, Ponferrada served as the President of Alphaland and is also formerly the managing partner of Ponferrada & San Juan Law Office.
He was the General Counsel of the RVO (Roberto V. Ongpin) Group of Companies. His law practice began in 2002 as an associate at SyCip Salazar Hernandez & Gatmaitan Law Office.
He holds a Bachelor of Laws, cum laude, from the University of the Philippines (2001) and a Bachelor of Science in Management (Honors Program), magna cum laude, with a Minor in Japanese Studies from the Ateneo de Manila University (1997). He placed number 1 in the 2001 Philippine Bar Examinations.
