The National Electrification Administration (NEA) has designated one of its deputy administrators to supervise the management and operations of the Masbate Electric Cooperative, Inc. (MASELCO).
NEA Administrator Edgardo Masongsong issued Office Order No. 2020-044 dated February 24, 2020, appointing NEA Deputy Administrator for Legal Services Rossan Rosero-Lee as the project supervisor of MASELCO.
“In the exigency of the service and pursuant to Sections 4(e) and 5(a) of PD 269 as amended by Republic Act No. 10531, Deputy Administrator Rossan Rosero-Lee is hereby designated as Project Supervisor of MASELCO in addition to her functions as Deputy Administrator for Legal Services, effective immediately,” the order stated.
In her new role as project supervisor, Rosero-Lee is tasked to oversee the management and operations of MASELCO, and perform the functions of a regular board in the absence of a Board of Directors.
The deputy administrator is also mandated to countersign checks, withdrawal slips, and other banking transactions, as well as perform other tasks that may be assigned by the NEA for the purpose of operational efficiency.
Meanwhile, Romeo Acuesta will continue his role as Acting General Manager (AGM) of MASELCO. As AGM, Acuesta will be leading the day-to-day operations of MASELCO and ensure the efficient delivery of electric service to consumers.
He is also authorized to review financial, institutional and technical reports including action plans for operational improvement, as well as exercise powers to hire, transfer, discipline and terminate personnel of the electric cooperative.
To recall, MASELCO was placed under NEA management in 2017 due to the power distribution utility’s failure to settle its overdue obligations to DMCI Masbate Power Corp. (DMPC).