NEW AFPI CEO.

AF Payments Inc. (AFPI), the company behind beep cards and the fare collection system in Metro Manila’s light rail network, named Remigio Carpio Jr. as its new president and chief executive, succeeding Jonathan Juan Moreno, who led the company through a transformative period of growth, innovation and expanded partnerships in the mobility space. Carpio becomes the fourth president and CEO since the company’s establishment in 2014.