Renato P. Sumalde
Chief Operations Officer
Renato (Nato) Sumalde represent Peregrine as Chief Operating Officer in-charge of construction management and operations, business development and general administration. Nato has 28 years of extensive experience in the construction, heavy equipment leasing, real estate development and mining industries as head of finance, sales and operations.
Nato started his career as a junior accountant at SGV & Co. (Ernst & Young Philippines) handling contract financial management services to mostly top construction and multinational manufacturing companies. Nato also performed financial and operations audit of various top Philippine corporations. After his stint with SGV, he joined Nordberg, a multinational company engaged in the production and supply of mining equipment, to manage the financial operations of its subsidiary in the Philippines. Nordberg was later absorbed by Metso Minerals, a global supplier of technology, equipment and services to the mining and construction industry.
In Metso Minerals, Nato was assigned the special task of leading the financial audit & regular monthly financial reporting of Metso Minerals’ subsidiary in Yokohama, Japan for one full year. He then rose to become a Controller of Metso Minerals Philippines directly reporting to the regional office in Perth, Australia. Key functions directed and managed as Controller of Metso Minerals Philippines include fund/treasury management, accounting, monitoring & reporting, financing arrangements with various financial institutions, review of sales proposals and approval of sales and operations and maintenance (O&M) contracts as well as administrative and logistical support to the company’s sales unit.
Nato later became the Senior Vice President and Chief Operating Officer (COO) of Process Machinery Company Inc. (PMCI), a local company that took over the operations of Metso Minerals Philippines. He was directly responsible for initiating and orchestrating this takeover of Metso Minerals’ Philippine operations. As the COO of PMCI, he initiated, developed and executed the leasing of rock crushing & screening equipment to the rock & aggregates industry in addition to overseeing the company’s operations, sales, after-sales, finance and human resource units.
After PMCI, Nato was invited to join MPSC as head of its leasing and property management business unit which is involved in the leasing of commercial stalls, mobile advertisements and the operations of snack food shops located at various major cinemas inside malls. This major responsibility led him to become a licensed real estate broker and led the PAREB-Rizal Board of Realtors, a 200-member strong professional real estate brokers association, as its President in YR2010-2011.
Nato finished his Bachelor of Science in Commerce, Major in Accounting degree at the University of Santo Tomas, Manila. He is a Certified Public Accountant (CPA), a licensed professional real estate broker and a member of the Philippine Association of Realtors Boards Inc. (PAREB).