Female vice president named GM Korea CFO

Minerva Matibag

GM Korea Co., the local unit of U.S. General Motors Co., said Wednesday that a female vice president has been named its chief financial officer.

Minerva Matibag, currently the CFO for GM’s Brazil unit, will also be in charge of finances for the firm’s operations in Vietnam and Uzbekistan, GM Korea said in a statement. The first woman CFO of GM Korea will start her job on Feb. 1, the company added.

The Filipina started her financial career at GM’s Asia Pacific office in 1997 and went on to financial leadership positions in Singapore, Japan and Thailand. She has worked as CFO for GM’s Brazil unit since 2012.

Carlos Zarlenga, the incumbent GM Korea CFO, has been promoted to CFO for both GM’s Brazil and South America units, the company said. (Yonhap News)