Ex-treasurer to discuss crisis

The Ambassadors Club of Davao will hold a joint-meeting with the American Chamber of Commerce of Davao on October 9 at Marco Polo Hotel to discuss the current global financial crisis.

The guest speaker is former national treasurer Omar Cruz, who is now chief investment officer of Philamlife, one of the country’s largest insurer. Its mother firm in the US, AIG, is one of those hit by the credit crunch. Cruz, indeed, would be an apt resource person to talk about the economic crisis and its effects on the Philippines.

Ambassadors Club president Roy Ferrer is encouraging members to attend the meeting and invite their friends, particularly potential recruits, to come along.

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