Vargas vacates POC seat for a 'more effective' leader
Mark Escarlote on Jun 18, 2019 03:12 PM
After much introspection, I have determined that there would be other sports leaders who would have the time and inclination needed to lead the POC more effectively -- Former POC president Ricky Vargas
Ricky Vargas vacated his position as president of the Philippine Olympic Committee on Tuesday stating that there will be other sports leaders that could lead ‘more effectively.’
Vargas tendered his letter of resignation during an executive session with the majority of the POC Board. Vargas immediately left after the said dialogue with the Board regarding some pressing issues.
[Related story: Vargas steps down as POC president]
The Board then proceeded with their meeting without Vargas and declared POC 1st Vice President Joey Romasanta as the new POC head.
“This is to inform the Executive Board of the Philippine Olympic Committee that I am tendering my irrevocable resignation from the post of President of the organization, effective immediately,” according to the letter submitted by Vargas, who took the position after beating Peping Cojuangco in a re-election February last year.
Vargas granted an audience with the POC Board three weeks after he made a shakeup on key committee positions held by some members of the Board.
[Related story: POC president Vargas removes Board members]
“After much introspection, I have determined that there would be other sports leaders who would have the time and inclination needed to lead the POC more effectively,” continued Vargas in his letter.
Vargas also instructed POC Secretary-General Pato Gregorio to help in Romasanta’s transition.
“I have requested Secretary-General Patrick Gregorio to assist the incoming president in the smooth transition of leadership until he - the new president - shall have appointed his own Secretary-General,” said Vargas.
Vargas asked for understanding for his decision and will continue to support the POC.
“I ask for the understanding of all concerned, most especially the athletes and NSAs who have supported my initiatives in the organization,” he said.
“Rest assured, I will continue to support Philippine sports in my private capacity, particularly as an official of the MVP Sports Foundation and as President of ABAP.”
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