RICKY Vargas was reelected Friday to a second term as president of the newly-named Association of Boxing Alliances of the Philippines (ABAP) during a well-attended general assembly meeting at the Quezon City Sports Club.
Vargas, who took over the reins of the former Amateur Boxing Association of the Philippines in 2009, will serve for the next four years up until the 2016 Olympic Games in Rio de Janeiro.
Telecommunications tycoon Manny V. Pangilinan was also reelected chairman by the Board of Trustees; Cagayan de Oro Mayor-elect Oscar Moreno, vice chairman; and former Baguio City Mayor Peter Rey Bautista, vice president.
Appointed treasurer was National Capital Region’s JJ Vargas while Maynilad executive Patrick Gregorio was retained as secretary-general and former sportscaster Ed Picson as executive director.
Picson clarified before 25 of the 34 registered stakeholders represented in the proceedings that the word “amateur” was removed from the association’s name on the directive of International Boxing Federation (AIBA) president Dr. Wu Ching-Kuo, who has shunned the distinction between professional and amateur boxers.
The change in name was approved by the general assembly.
Vargas, who detailed his accomplishments with a power-point presentation during his president’s report, took a glance at the past and addressed quickly what needed to be done in his second term.
“It’s been a tough, long journey, but we’re now seeing the fruits of our labor,” said Vargas, also the president of Maynilad Water Services Inc. “The task ahead is even greater, I know, but I believe that we’ll be up to the challenge. I’m very pleased with the confirmation and continued support by our colleagues at ABAP.”
Steve Hontiveros, representing POC president Jose ‘Peping’ Cojuangco, paid tribute to Vargas’ leadership.
“He did a good job in the past four years, and I know he’ll continue to do so,” said Hontiveros, the POC secretary-general.
Most prominent among those elected to the 17-man Board of Trustees was Region XII Rep. Manny Pacquiao.
The amended constitution and bylaws was also ratified during the general assembly meeting prior to the election of the Board of Trustees.
Pangilinan, Vargas, and Moreno got their new mandate after the Board convened behind closed doors.