Learn more about the history of Concepcion
Learn more about the history of Concepcion
VISION OF THE FUTURE
COMPANY PROFILE
Our Brands








Cooling the world since 1915
For more than 100 years, Carrier has brought refreshingly cool air to more homes than any other brand. Carrier products have been designed and developed to enhance indoor environments so that people can enjoy healthy, productive, and most importantly, comfortable lives.
LEARN MOREExcellent choice for any Filipino home and business
Proudly Philipine made, Condura’s line of high quality and durable cooling and refrigeration solutions is a product of homegrown ingenuinity and innovation, built for Philippine conditions. Featuring commercial-grade quality materials and solid design.
LEARN MOREMoving the world ahead
Otis is a leading manufacturer of escalators, elevators, and moving walkways, operating in over 200 countries and territories worldwide. In the Philippines, the company was renamed Concepcion-Otis Philippines, Inc. shortly after entering into a joint venture with CIC in 2014.
LEARN MOREQuality and affordability to fit your lifestyle
Kelvinator specializes in providing high quality appliances at prices young, up-and-coming Filipino adults can afford. Kelvinator’s products balance great functionality and value for money while offering a respectable image customers can be proud of.
LEARN MORELeading the world in home appliances
Covering a complete catalogue of products ranging from electric kettles and microwaves to washing machines and air conditioners, Midea makes everything a home could need. Thriving in over 150 countries, Midea has now come to the Philippines.
LEARN MOREToshiba – A trusted name in Japanese innovation
Toshiba is a world renowned Japanese brand famous for its diversified portfolio of products including electronics, consumer appliances, and industrial machinery. This extends to its presence as a pioneer in the air conditioning industry for over 68 years. When you choose Toshiba, you can count on precision, quality, and technology developed through Japanese innovation.
LEARN MOREThe most dependable supplier of ventilation, heating, and air conditioning parts
Totaline is the exclusive local and global supplier of original spare parts and essential components for Carrier, one of the world’s most prolific HVAC and refrigeration companies. As a proven and reliable one-stop shop, Totaline continues to provide nothing less than the highest quality parts worthy of the Carrier brand and its best-selling products.
LEARN MOREReal Solutions for Real Life
SharkNinja is a global leader in crafting practical home solutions designed to simplify daily routines and provide real solutions to real problems. SharkNinja’s entry into the Philippines marks the beginning of a journey aimed at simplifying and elevating daily life experiences.
Learn MoreLeadership
Board of Directors

Raul Joseph A. Concepcion
Chairman

Renna C. Hechanova – Angeles
Vice Chairman & Treasurer

Raul Anthony A. Concepcion
Vice Chairman

Ma. Victoria Herminia C. Young
Director

Jose Ma. A. Concepcion
Director

Raissa C. Hechanova – Posadas
Director

Cesar A. Buenaventura
Independent Director

Justo A. Ortiz
Independent Director

Luis Y. Benitez, Jr.
Independent Director
Leadership Team

Isaias Ariel Fermin
Chief Executive Officer

Rajan Komarasu
Chief Finance & Operating Officer

Rafael C. Hechanova Jr.
Chief Corporate Affairs Officer

Teodoro L. Ruiz
Chief Human Resources Officer

Merril Yu
Chief Experience Officer

Harold T. Pernikar
President, Concepcion Durables, Inc.

Phillip F. Trapaga
President, Concepcion-Carrier Air Conditioning Company

Alex T. Villanueva
General Manager, Integrated Solutions

Michael Eric I. Sarmiento
General Manager, Concepcion Business Services Inc
Core Values
CORE VALUES
Innovating For Happier Outcomes
Always looking for newer and better ways to ensure happier outcomes for the people we serve and so we look to the power of technology to make this happen.
Going Above and Beyond
We strive for a sense of ownership that is about a willingness to go the extra mile with a sense of urgency to ensure that customers are always happy.
Doing The Right Thing
We strive to do the right thing, the right way, all the time. In CIC, doing the right thing is non-negotiable.
Making Customers Happy
We want our customers to be happy and stay happy because this ensures our success. Happy customers are good for business, so we are committed to learn more about them and find new and better ways to make them happy.
Caring For The People and The Planet
We are keenly aware of our responsibility to future generations. And so we promote the protection of the environment. We care for the people we serve and the people working in our organization. Their safety and progress matter to us.
Doing Our Best Always
We understand that when people buy our products, hire our services, they are counting on reliability, a job well done and solutions that can truly help them move forward in life. CIC employees are quality people our customers can always count on.
ORGANIZATIONAL CHART
Group Corporate Structure

Concepcion Carrier Air Conditioning Company
60%
Airconditioning Services
Carrier Corp
Carrier, Toshiba, Condura & Kelvinator

Concepcion Durables Inc
100%
Domestic Refrigeration
Electrolux
Condura, Kelvinator

Concepcion OTIS Philippines Inc.
51%
Elevators & Escalators
Otis
Otis

Concepcion Midea, Inc.
40% (CIC) 12% (CCAC)
Consumer Appliances
Midea, Toshiba, Carrier Corp.
Midea, Toshiba

Concepcion Business Services, Inc.
100%
Shared Services

Shark & Ninja

Concepcion Carrier Air Conditioning Company
60%
Airconditioning Services
Carrier Corp
Carrier, Toshiba, Condura & Kelvinator

Concepcion Durables Inc
100%
Domestic Refrigeration
Electrolux
Condura, Kelvinator

Concepcion OTIS Philippines Inc.
51%
Elevators & Escalators
Otis
Otis

Concepcion Midea, Inc.
40% (CIC) 12% (CCAC)
Consumer Appliances
Midea, Toshiba, Carrier Corp.
Midea, Toshiba

Concepcion Business Services, Inc.
100%
Shared Services

Shark & Ninja
Articles of Incorporation & By-Laws
Amended Articles of Incorporation 30 July 2020
AUGUST 17, 2021
431.38 KB
AMENDED BY-LAWS (18 DECEMBER 2023)
FEBRUARY 13, 2024
2.13 MB