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Randy Aquino steps down as CEO for Y&R Philippines after just 9 months

The chief executive officer of Y&R Philippines has left the role after less than a year.

Randy Aquino originally joined the WPP-owned creative agency in November last year, taking over from Anna Testa, who had previously held the role for just over a year. 

Prior to joining WPP, Aquino briefly operated his own consultancy firm after leaving his role as head of regional market development at the Philippines’ FMCG giant Monde Nissin Corporation. He has also previously headed up Y&R sister agency Ogilvy & Mather Philippines.

According to Y&R, Aquino has left the role to “return to his strategic consultancy”, but did not disclose any further details.

His role will be taken over by Cheil Philippines managing director Onat Roldan, who leaves the South Korea-founded agency after six years. During his tenure at Cheil, Roldan worked for clients including Samsung, BPI-Philam, Edsa Shangri-La Hotel, Philippine Veterans Bank, Kakao Talk, and Citibank.

Onat Roldan

Y&R South East Asia CEO Sanjay Bhasin said:“Onat has a proven track record of expanding his previous networks’ business models through, for example, introducing digital and re-engineering activation and PR.

“These are exactly the skills necessary to lead Y&R Philippines into its next phase of growth as we continue to build out capabilities such as Labstore, to best meet the needs of our clients.”

Speaking about Aquino’s departure, Bhasin added: “Randy stepped into an agency that required strong leadership, inspiration, encouragement and support; all of which he provided in spades. It has been a pleasure working with him and we wish him the best success. He will be on hand to assist Onat with his transition till mid-September.”

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