Universal Entertainment Corp, the Japan-based parent company of Okada Manila in the Philippines, has introduced a new management framework aimed at improving governance and decision-making processes.
The announcement came after the company’s annual shareholder meeting on Thursday. The updated structure includes a board of directors and 12 executive officers, a move designed to decentralize authority and streamline decision-making.
In a statement following the meeting, Universal Entertainment explained that the board will handle broader business strategies while executive officers manage day-to-day operations. The goal is to strengthen governance and promote sustainable growth over the long term.
During the meeting, the company confirmed four director appointments. Three of them—Tomohiro Okada, Masayoshi Miyanaga, and Hiroshi Miyauchi—were reappointed. The fourth, Yoshiyuki Shouji, was introduced earlier this year and will oversee overseas business management as well as legal and intellectual property matters.
The company also named Kuninobu Okuda as a full-time audit and supervisory board member. Meanwhile, its Philippine-based subsidiary, Tiger Resort, Leisure and Entertainment Inc. (TRLEI), continues to oversee the operations of Okada Manila.
Universal Entertainment is majority-owned by Okada Holdings Ltd., a private Hong Kong-based firm. Tomohiro Okada, son of ousted founder Kazuo Okada, also serves as a director of the holding company, which controls 70.30% of Universal Entertainment’s voting rights.
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