Former actress Charo Santos-Concio is new ABS-CBN president

Former beauty queen and actress Charo Santos-Concio has been appointed as president of ABS-CBN Broadcasting Corp., taking over from interim president Eugenio Lopez III. In a disclosure, ABS-CBN said Santos-Concio is the company's fifth president. She was promoted from her executive vice president post, which she has held since 1998. ABS-CBN said that as president, Santos-Concio will lead the company's executive committee, and oversee operations of all subsidiaries. - GMANews.TV