TAGUM CITY, March 26: Former bank manager Miriam Baloyo now takes the seat as chairperson of the Board of Directors of the billionaire home-grown Tagum Cooperative replacing Norma Pereyras who will be taking a break after serving three consecutive terms as an elected official.
Baloyo earned the favor of the members of the Board of Directors and officers present during the election conducted Monday night which was immediately followed by a simple turn-over and oath-taking ceremony of the 2013-2014 Tagum Cooperative set of officers who were inducted into office by Atty. Jennifer Namoc.
Her stint as the Philippine National Bank branch manager in Tagum City and in Monteverde, Davao City placed her as former chairperson of the Credit Committee of Tagum Cooperative before she became a member of the Board of Directors with which she served her second year before finally getting into position as the concurrent chairperson.
Aside from Baloyo, other recently inducted officers of Tagum Cooperative included Monica L. Salido, vice chairperson of the Board of Directors; Nenita Malbas and Edgardo T. Silagan as new members of the Board of Directors while Albert M. Omega was re-elected into the Board of Directors.
Other members of the Board of Director are Antonio Aranas and Fe Adlawan who both are serving their second year of their current terms.
In her acceptance speech, Baloyo bared two major concerns she would like her administration to focus on: financial sustainability and promotion of social responsibility for the marginalized members of Tagum Cooperative.
She acknowledged the “gigantic challenge” to equal or surpass the past administration’s performance but she expressed confidence to hit the “higher bar of achievement.”
“Let us continue to innovate, to persevere in our respective roles and responsibilities, and to consistently work hard for that aim of socio-economic sustainability,” she urged fellow members of the Board of Directors, officers, key management officers and management staff.
Aside from sustaining the economic viability of Tagum Cooperative as a self-sustaining cooperative with P1.8 billion assets as of end of 2012, Baloyo wanted to steer the Cooperative towards transforming the economic plight of members who have less in life.
She wanted that to ensure that marginalized members would “achieve economic growth in the same pace as Tagum Cooperative grows.”
She was glad to note that the Savings and Credit with Eduction (SCWE) store recently established at the heart of Tagum City Public Market generated sales of about P52,00 in just 17 days.
Citing such performance, she believes that Tagum Cooperative can become an “agent for income generation that can help members in the marginalized and disadvantaged sectors”.
“We can develop products and services that will empower them and promote self-reliance and self-improvement,” she said.
On the other hand, Baloyo was inducted into office along with other elected officers of Tagum Cooperative.
Mark Mahinay takes the seat as the new chairperson of the Audit Committee, vice chaired by Brendo Bayocot with Rose Torrejano as the secretary.
Atty. Jennifer Namoc now chairs the Election Committee vice chaired by Edgardo Apuya with Flordeliza Alegarbes as the secretary.
In giving her turnover remarks, Pereyras expressed hopes that Tagum Cooperative officers together with the management staff would continue to bear in their hearts the consciousness that “Tagum Cooperative is our apostolate.”
She stressed the God-centeredness core value of Tagum Cooperative which also values trustworthiness and unified competence. (Tagum Cooperative)